TerraClassicUSD (USTC) Price Hits $0.0201 on Exchanges

TerraClassicUSD (USTC) traded 2.1% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on July 21st. TerraClassicUSD has a total market cap of $112.10 million and $7.77 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can currently be purchased for $0.0201 or 0.00000030 BTC on exchanges. During the last seven days, TerraClassicUSD has traded up 19% against the U.S. dollar.

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

• Avalanche (AVAX) traded 12% higher against the dollar and now trades at $32.68 or 0.00048082 BTC.
• NEAR Protocol (NEAR) traded 1.2% lower against the dollar and now trades at $6.27 or 0.00009233 BTC.
• Internet Computer (ICP) traded up 2.3% against the dollar and now trades at $10.47 or 0.00015410 BTC.
• Hedera (HBAR) traded down 1.9% against the dollar and now trades at $0.0737 or 0.00000108 BTC.
• Cosmos (ATOM) traded down 0.7% against the dollar and now trades at $6.47 or 0.00009514 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.0945 or 0.00000139 BTC.
• Fetch.ai (FET) traded 0.5% lower against the dollar and now trades at $1.45 or 0.00002134 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.16 or 0.00000231 BTC.
• Akash Network (AKT) traded down 1.3% against the dollar and now trades at $3.57 or 0.00005242 BTC.
• Theta Fuel (TFUEL) traded down 2.5% against the dollar and now trades at $0.0727 or 0.00000107 BTC.

About TerraClassicUSD

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,546,988 coins and its circulating supply is 5,579,524,551 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD 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.”

Buying and Selling TerraClassicUSD

It is usually not currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. 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