TerraClassicUSD (USTC) Price Reaches $0.0176 on Major Exchanges

TerraClassicUSD (USTC) traded 1.2% lower against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on June 30th. Over the last seven days, TerraClassicUSD has traded 2.2% higher against the US dollar. TerraClassicUSD has a total market cap of $98.62 million and approximately $6.59 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for approximately $0.0176 or 0.00000029 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 1.4% higher against the dollar and now trades at $27.98 or 0.00045483 BTC.
• NEAR Protocol (NEAR) traded 1% higher against the dollar and now trades at $5.04 or 0.00008196 BTC.
• Internet Computer (ICP) traded up 0.3% against the dollar and now trades at $7.97 or 0.00012959 BTC.
• Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.0764 or 0.00000124 BTC.
• Cosmos (ATOM) traded 1.5% lower against the dollar and now trades at $6.65 or 0.00010809 BTC.
• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0903 or 0.00000147 BTC.
• Fetch.ai (FET) traded up 0.5% against the dollar and now trades at $1.42 or 0.00002302 BTC.
• Algorand (ALGO) traded down 0.6% against the dollar and now trades at $0.14 or 0.00000227 BTC.
• Akash Network (AKT) traded down 4.9% against the dollar and now trades at $3.38 or 0.00005485 BTC.
• Theta Fuel (TFUEL) traded 0.6% lower against the dollar and now trades at $0.0742 or 0.00000121 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,197,311 coins and its circulating supply is 5,595,853,771 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD 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 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