TerraClassicUSD Price Tops $0.0158 on Exchanges (USTC)

TerraClassicUSD (USTC) traded up 3.5% against the US dollar during the 1-day period ending at 9:00 AM E.T. on September 5th. TerraClassicUSD has a total market cap of $92.39 million and approximately $3.30 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. In the last seven days, TerraClassicUSD has traded 6.6% lower against the US dollar. One TerraClassicUSD coin can currently be bought for about $0.0158 or 0.00000028 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 1.8% higher against the dollar and now trades at $21.89 or 0.00038545 BTC.
• NEAR Protocol (NEAR) traded up 2.2% against the dollar and now trades at $3.86 or 0.00006806 BTC.
• Internet Computer (ICP) traded up 1.4% against the dollar and now trades at $7.36 or 0.00012966 BTC.
• Cronos (CRO) traded up 1.5% against the dollar and now trades at $0.0783 or 0.00000138 BTC.
• Hedera (HBAR) traded 0.8% higher against the dollar and now trades at $0.0487 or 0.00000086 BTC.
• Cosmos (ATOM) traded up 0.4% against the dollar and now trades at $4.00 or 0.00007047 BTC.
• Fetch.ai (FET) traded 2.7% higher against the dollar and now trades at $1.12 or 0.00001978 BTC.
• Algorand (ALGO) traded 1.1% higher against the dollar and now trades at $0.12 or 0.00000210 BTC.
• Akash Network (AKT) traded up 2.7% against the dollar and now trades at $2.27 or 0.00004006 BTC.
• Theta Fuel (TFUEL) traded 4% higher against the dollar and now trades at $0.0544 or 0.00000096 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,956,486,026 coins and its circulating supply is 5,842,991,928 coins. 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. TerraClassicUSD’s official website is 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 possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase 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