TerraClassicUSD Price Tops $0.0182 on Major Exchanges (USTC)

TerraClassicUSD (USTC) traded down 2.4% against the US dollar during the twenty-four hour period ending at 15:00 PM ET on August 26th. Over the last seven days, TerraClassicUSD has traded 11.2% higher against the US dollar. TerraClassicUSD has a total market cap of $101.76 million and $40.67 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be purchased for approximately $0.0182 or 0.00000029 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 2.2% lower against the dollar and now trades at $26.38 or 0.00041519 BTC.
• NEAR Protocol (NEAR) traded 3.4% lower against the dollar and now trades at $4.78 or 0.00007525 BTC.
• Internet Computer (ICP) traded 4.6% lower against the dollar and now trades at $8.16 or 0.00012843 BTC.
• Cronos (CRO) traded 3.3% lower against the dollar and now trades at $0.0856 or 0.00000135 BTC.
• Hedera (HBAR) traded down 4.4% against the dollar and now trades at $0.0563 or 0.00000089 BTC.
• Cosmos (ATOM) traded down 2.1% against the dollar and now trades at $4.94 or 0.00007782 BTC.
• Fetch.ai (FET) traded 3.4% lower against the dollar and now trades at $1.32 or 0.00002079 BTC.
• Algorand (ALGO) traded down 4.8% against the dollar and now trades at $0.14 or 0.00000213 BTC.
• Akash Network (AKT) traded 10.2% higher against the dollar and now trades at $3.02 or 0.00004744 BTC.
• Theta Fuel (TFUEL) traded down 4.1% against the dollar and now trades at $0.0618 or 0.00000097 BTC.

About TerraClassicUSD

USTC uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,957,720,279 coins and its circulating supply is 5,578,555,262 coins. The official message board for TerraClassicUSD is medium.com/terra-money. The official website for TerraClassicUSD is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here.

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 buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView