TerraClassicUSD Market Capitalization Hits $149.24 Million (USTC)

TerraClassicUSD (USTC) traded 2.2% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM ET on June 9th. TerraClassicUSD has a market capitalization of $149.24 million and approximately $7.46 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be bought for about $0.0219 or 0.00000031 BTC on major cryptocurrency exchanges. Over the last week, TerraClassicUSD has traded 5.6% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded up 2.4% against the dollar and now trades at $33.18 or 0.00047658 BTC.
• NEAR Protocol (NEAR) traded 1.4% lower against the dollar and now trades at $6.56 or 0.00009420 BTC.
• Internet Computer (ICP) traded 0.6% higher against the dollar and now trades at $11.04 or 0.00015850 BTC.
• Hedera (HBAR) traded 0.9% higher against the dollar and now trades at $0.0915 or 0.00000131 BTC.
• Cosmos (ATOM) traded 1.4% higher against the dollar and now trades at $7.91 or 0.00011355 BTC.
• Cronos (CRO) traded 1.7% lower against the dollar and now trades at $0.11 or 0.00000157 BTC.
• Fetch.ai (FET) traded down 0.4% against the dollar and now trades at $1.73 or 0.00002491 BTC.
• Algorand (ALGO) traded 1.8% higher against the dollar and now trades at $0.17 or 0.00000246 BTC.
• Akash Network (AKT) traded 1.4% higher against the dollar and now trades at $4.16 or 0.00005982 BTC.
• Kava (KAVA) traded 0.6% lower against the dollar and now trades at $0.64 or 0.00000925 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,992,797 coins and its circulating supply is 6,815,336,026 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terra.money. 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.”

TerraClassicUSD Coin Trading

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 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