TerraClassicUSD Market Capitalization Hits $112.27 Million (USTC)

TerraClassicUSD (USTC) traded up 4.9% against the dollar during the twenty-four hour period ending at 9:00 AM E.T. on July 27th. One TerraClassicUSD coin can now be purchased for approximately $0.0201 or 0.00000029 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a total market capitalization of $112.27 million and $7.04 million worth of TerraClassicUSD was traded on exchanges in the last day. During the last seven days, TerraClassicUSD has traded 1.2% lower against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 5.2% higher against the dollar and now trades at $29.11 or 0.00042252 BTC.
• NEAR Protocol (NEAR) traded 6.2% higher against the dollar and now trades at $5.92 or 0.00008593 BTC.
• Internet Computer (ICP) traded up 3.2% against the dollar and now trades at $9.90 or 0.00014378 BTC.
• Hedera (HBAR) traded up 4.2% against the dollar and now trades at $0.0699 or 0.00000101 BTC.
• Cosmos (ATOM) traded 4.3% higher against the dollar and now trades at $6.32 or 0.00009179 BTC.
• Cronos (CRO) traded 1.9% higher against the dollar and now trades at $0.0921 or 0.00000134 BTC.
• Fetch.ai (FET) traded 5.8% higher against the dollar and now trades at $1.34 or 0.00001942 BTC.
• Algorand (ALGO) traded up 4% against the dollar and now trades at $0.15 or 0.00000211 BTC.
• Akash Network (AKT) traded 4.2% higher against the dollar and now trades at $3.30 or 0.00004816 BTC.
• Kava (KAVA) traded 4.2% higher against the dollar and now trades at $0.43 or 0.00000623 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,435,541 coins and its circulating supply is 5,579,392,234 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terra.money. The official message board for TerraClassicUSD 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.”

Buying and Selling TerraClassicUSD

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