TerraClassicUSD Hits 24 Hour Trading Volume of $4.64 Million (USTC)

TerraClassicUSD (USTC) traded up 2.7% against the US dollar during the one day period ending at 23:00 PM Eastern on September 17th. In the last week, TerraClassicUSD has traded 2.5% higher against the US dollar. One TerraClassicUSD coin can currently be purchased for $0.0169 or 0.00000028 BTC on major exchanges. TerraClassicUSD has a total market capitalization of $98.84 million and approximately $4.64 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 2% against the dollar and now trades at $23.87 or 0.00039423 BTC.
• NEAR Protocol (NEAR) traded 5.7% higher against the dollar and now trades at $4.11 or 0.00006792 BTC.
• Internet Computer (ICP) traded down 1.1% against the dollar and now trades at $7.87 or 0.00012997 BTC.
• Cronos (CRO) traded 1.1% higher against the dollar and now trades at $0.0801 or 0.00000132 BTC.
• Hedera (HBAR) traded 0.9% higher against the dollar and now trades at $0.0498 or 0.00000082 BTC.
• Cosmos (ATOM) traded up 5.5% against the dollar and now trades at $4.21 or 0.00006949 BTC.
• Fetch.ai (FET) traded up 8.1% against the dollar and now trades at $1.36 or 0.00002249 BTC.
• Algorand (ALGO) traded 0.8% higher against the dollar and now trades at $0.12 or 0.00000205 BTC.
• Akash Network (AKT) traded up 2.8% against the dollar and now trades at $2.47 or 0.00004121 BTC.
• Theta Fuel (TFUEL) traded 1.4% higher against the dollar and now trades at $0.0604 or 0.00000100 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,916,949,742 coins and its circulating supply is 5,838,414,270 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terra.money. The official message board for TerraClassicUSD 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 presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView