TerraClassicUSD (USTC) Hits 24 Hour Trading Volume of $8.32 Million

TerraClassicUSD (USTC) traded 7.9% lower against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on September 16th. TerraClassicUSD has a total market capitalization of $95.90 million and $8.32 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded 1.3% higher against the U.S. dollar. One TerraClassicUSD coin can now be bought for about $0.0164 or 0.00000028 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 5% lower against the dollar and now trades at $23.39 or 0.00040467 BTC.
• NEAR Protocol (NEAR) traded down 6.7% against the dollar and now trades at $3.89 or 0.00006725 BTC.
• Internet Computer (ICP) traded down 6.2% against the dollar and now trades at $7.97 or 0.00013784 BTC.
• Cronos (CRO) traded down 3.1% against the dollar and now trades at $0.0801 or 0.00000139 BTC.
• Hedera (HBAR) traded down 3.6% against the dollar and now trades at $0.0495 or 0.00000086 BTC.
• Cosmos (ATOM) traded down 5.6% against the dollar and now trades at $3.96 or 0.00006858 BTC.
• Fetch.ai (FET) traded down 5.5% against the dollar and now trades at $1.31 or 0.00002267 BTC.
• Algorand (ALGO) traded 4.3% lower against the dollar and now trades at $0.12 or 0.00000215 BTC.
• Akash Network (AKT) traded down 7.2% against the dollar and now trades at $2.37 or 0.00004109 BTC.
• Theta Fuel (TFUEL) traded up 1.3% against the dollar and now trades at $0.0620 or 0.00000107 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,916,977,784 coins and its circulating supply is 5,838,447,043 coins. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official message board is medium.com/terra-money.

According to CryptoCompare, “TerraClassicUSD (USTC) is a digital asset built on the Terra blockchain and created due to the de-pegging of TerraUSD (UST) from the US dollar. USTC is designed to provide users with a digital asset that maintains a value relative to a basket of assets, including the US Dollar and other stablecoins. It is issued and managed by Terraform Labs and provides an easy and secure way to transfer value within the Terra network. In early May 2022, the price of Terra’s LUNA and UST tokens began to plummet, leading to the collapse of both tokens and the Terra network. To protect users, Terraform Labs moved users’ UST tokens to the Terra Classic wallet, exchanging them for USTC tokens, and providing more market liquidity.”

Buying and Selling TerraClassicUSD

It is usually not possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView