TerraClassicUSD (USTC) 24 Hour Volume Reaches $6.36 Million

TerraClassicUSD (USTC) traded down 1.3% against the dollar during the twenty-four hour period ending at 13:00 PM E.T. on August 7th. During the last week, TerraClassicUSD has traded down 22.5% against the dollar. One TerraClassicUSD coin can now be bought for $0.0145 or 0.00000026 BTC on cryptocurrency exchanges. TerraClassicUSD has a market cap of $81.00 million and approximately $6.36 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 5% against the dollar and now trades at $20.31 or 0.00036170 BTC.
• NEAR Protocol (NEAR) traded down 5.3% against the dollar and now trades at $3.58 or 0.00006379 BTC.
• Internet Computer (ICP) traded down 5.5% against the dollar and now trades at $7.23 or 0.00012886 BTC.
• Cronos (CRO) traded down 1.8% against the dollar and now trades at $0.0788 or 0.00000140 BTC.
• Hedera (HBAR) traded down 4.5% against the dollar and now trades at $0.0537 or 0.00000096 BTC.
• Cosmos (ATOM) traded down 1.5% against the dollar and now trades at $4.85 or 0.00008642 BTC.
• Algorand (ALGO) traded down 3.3% against the dollar and now trades at $0.11 or 0.00000200 BTC.
• Fetch.ai (FET) traded 5.5% lower against the dollar and now trades at $0.83 or 0.00001483 BTC.
• Akash Network (AKT) traded 4.9% lower against the dollar and now trades at $2.37 or 0.00004212 BTC.
• Theta Fuel (TFUEL) traded down 1.4% against the dollar and now trades at $0.0531 or 0.00000095 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,958,086,896 coins and its circulating supply is 5,578,980,088 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.”

TerraClassicUSD Coin Trading

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