TerraClassicUSD 24-Hour Volume Tops $10.02 Million (USTC)

TerraClassicUSD (USTC) traded 3% higher against the dollar during the 1-day period ending at 0:00 AM Eastern on October 18th. Over the last seven days, TerraClassicUSD has traded 2.8% higher against the dollar. TerraClassicUSD has a market cap of $126.76 million and $10.02 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can currently be bought for about $0.0217 or 0.00000032 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $28.28 or 0.00041311 BTC.
• NEAR Protocol (NEAR) traded up 2.4% against the dollar and now trades at $4.91 or 0.00007171 BTC.
• Internet Computer (ICP) traded up 5.8% against the dollar and now trades at $8.23 or 0.00012017 BTC.
• Cronos (CRO) traded 1.9% higher against the dollar and now trades at $0.0791 or 0.00000116 BTC.
• Hedera (HBAR) traded up 2.9% against the dollar and now trades at $0.0525 or 0.00000077 BTC.
• Cosmos (ATOM) traded up 2.6% against the dollar and now trades at $4.44 or 0.00006481 BTC.
• Fetch.ai (FET) traded up 4.7% against the dollar and now trades at $1.44 or 0.00002102 BTC.
• Algorand (ALGO) traded 5.4% higher against the dollar and now trades at $0.13 or 0.00000184 BTC.
• Akash Network (AKT) traded 2.1% higher against the dollar and now trades at $2.49 or 0.00003640 BTC.
• Theta Fuel (TFUEL) traded up 2% against the dollar and now trades at $0.0617 or 0.00000090 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,143,389,168 coins and its circulating supply is 5,830,066,202 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terraclassic.co.uk. 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 presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView