TerraClassicUSD Price Tops $0.0196 on Major Exchanges (USTC)

TerraClassicUSD (USTC) traded 2.4% lower against the dollar during the 24 hour period ending at 0:00 AM ET on July 23rd. TerraClassicUSD has a total market capitalization of $109.09 million and $6.99 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be bought for about $0.0196 or 0.00000030 BTC on major cryptocurrency exchanges. Over the last week, TerraClassicUSD has traded down 9.1% against the dollar.

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

• Avalanche (AVAX) traded down 9.7% against the dollar and now trades at $29.09 or 0.00044042 BTC.
• NEAR Protocol (NEAR) traded down 4.8% against the dollar and now trades at $5.73 or 0.00008677 BTC.
• Internet Computer (ICP) traded down 2.8% against the dollar and now trades at $9.79 or 0.00014813 BTC.
• Cronos (CRO) traded down 0.5% against the dollar and now trades at $0.0929 or 0.00000141 BTC.
• Hedera (HBAR) traded down 3.7% against the dollar and now trades at $0.0683 or 0.00000103 BTC.
• Cosmos (ATOM) traded down 0.7% against the dollar and now trades at $6.26 or 0.00009472 BTC.
• Fetch.ai (FET) traded 5.6% lower against the dollar and now trades at $1.30 or 0.00001972 BTC.
• Algorand (ALGO) traded down 5.1% against the dollar and now trades at $0.14 or 0.00000217 BTC.
• Akash Network (AKT) traded down 6.2% against the dollar and now trades at $3.32 or 0.00005047 BTC.
• Theta Fuel (TFUEL) traded 3.6% lower against the dollar and now trades at $0.0688 or 0.00000104 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,509,529 coins and its circulating supply is 5,579,479,650 coins. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here.

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 currently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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