TerraClassicUSD Price Tops $0.0191 on Exchanges (USTC)

TerraClassicUSD (USTC) traded down 3.9% against the US dollar during the 1-day period ending at 15:00 PM E.T. on April 24th. TerraClassicUSD has a total market cap of $171.18 million and approximately $17.50 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. In the last seven days, TerraClassicUSD has traded 12.3% higher against the US dollar. One TerraClassicUSD coin can currently be bought for about $0.0191 or 0.00000030 BTC on popular exchanges.

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

• Avalanche (AVAX) traded 4.2% lower against the dollar and now trades at $37.11 or 0.00057683 BTC.
• NEAR Protocol (NEAR) traded up 2.1% against the dollar and now trades at $7.16 or 0.00011133 BTC.
• Internet Computer (ICP) traded down 4.4% against the dollar and now trades at $13.97 or 0.00021721 BTC.
• Hedera (HBAR) traded up 3.6% against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Cronos (CRO) traded 3.6% lower against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Cosmos (ATOM) traded down 1.9% against the dollar and now trades at $8.56 or 0.00013311 BTC.
• Fetch.ai (FET) traded 0.2% lower against the dollar and now trades at $2.45 or 0.00003804 BTC.
• Algorand (ALGO) traded 12.9% higher against the dollar and now trades at $0.22 or 0.00000338 BTC.
• Akash Network (AKT) traded down 2.7% against the dollar and now trades at $4.87 or 0.00007601 BTC.
• Kava (KAVA) traded 2.2% lower against the dollar and now trades at $0.74 or 0.00001154 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,068,363 coins and its circulating supply is 8,950,210,495 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