TerraClassicUSD (USTC) Price Tops $0.0153

TerraClassicUSD (USTC) traded up 0% against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on August 16th. TerraClassicUSD has a market capitalization of $85.09 million and approximately $3.76 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last seven days, TerraClassicUSD has traded 0.3% lower against the dollar. One TerraClassicUSD coin can currently be bought for about $0.0153 or 0.00000026 BTC on major exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 0.8% against the dollar and now trades at $20.45 or 0.00034534 BTC.
• NEAR Protocol (NEAR) traded 0.1% lower against the dollar and now trades at $3.99 or 0.00006738 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $7.01 or 0.00011841 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0877 or 0.00000148 BTC.
• Hedera (HBAR) traded down 0.8% against the dollar and now trades at $0.0518 or 0.00000087 BTC.
• Cosmos (ATOM) traded 1.3% higher against the dollar and now trades at $4.58 or 0.00007738 BTC.
• Algorand (ALGO) traded 0.2% lower against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Fetch.ai (FET) traded 0.7% lower against the dollar and now trades at $0.83 or 0.00001395 BTC.
• Akash Network (AKT) traded 0.4% higher against the dollar and now trades at $2.54 or 0.00004319 BTC.
• Theta Fuel (TFUEL) traded down 0.2% against the dollar and now trades at $0.0553 or 0.00000093 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,957,931,677 coins and its circulating supply is 5,578,791,250 coins. The official message board for TerraClassicUSD 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 presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView