TerraClassicUSD (USTC) Reaches One Day Trading Volume of $14.43 Million

TerraClassicUSD (USTC) traded 1.9% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on October 19th. Over the last seven days, TerraClassicUSD has traded 1.5% higher against the U.S. dollar. TerraClassicUSD has a market cap of $126.97 million and $14.43 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for approximately $0.0218 or 0.00000032 BTC on exchanges.

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

• Avalanche (AVAX) traded up 0.4% against the dollar and now trades at $28.05 or 0.00041089 BTC.
• NEAR Protocol (NEAR) traded 0.9% lower against the dollar and now trades at $4.80 or 0.00007031 BTC.
• Internet Computer (ICP) traded up 0.2% against the dollar and now trades at $8.00 or 0.00011720 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0780 or 0.00000114 BTC.
• Hedera (HBAR) traded up 2.8% against the dollar and now trades at $0.0529 or 0.00000078 BTC.
• Cosmos (ATOM) traded 3.5% higher against the dollar and now trades at $4.46 or 0.00006536 BTC.
• Fetch.ai (FET) traded 0.9% lower against the dollar and now trades at $1.40 or 0.00002055 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded down 0.6% against the dollar and now trades at $2.46 or 0.00003604 BTC.
• Theta Fuel (TFUEL) traded 1.1% higher against the dollar and now trades at $0.0619 or 0.00000091 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,143,372,270 coins and its circulating supply is 5,830,046,087 coins. TerraClassicUSD’s official website is terraclassic.co.uk. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. 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 possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase 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