TerraClassicUSD 24-Hour Trading Volume Tops $7.38 Million (USTC)

TerraClassicUSD (USTC) traded up 4.7% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on February 26th. TerraClassicUSD has a market cap of $82.94 million and approximately $7.38 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can currently be bought for $0.0149 or 0.00000017 BTC on major exchanges. In the last week, TerraClassicUSD has traded down 14.5% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 6.4% higher against the dollar and now trades at $22.05 or 0.00025222 BTC.
• Hedera (HBAR) traded up 8.5% against the dollar and now trades at $0.20 or 0.00000226 BTC.
• NEAR Protocol (NEAR) traded up 6.5% against the dollar and now trades at $3.04 or 0.00003479 BTC.
• Internet Computer (ICP) traded up 6.7% against the dollar and now trades at $6.47 or 0.00007398 BTC.
• Algorand (ALGO) traded up 8.7% against the dollar and now trades at $0.24 or 0.00000272 BTC.
• Cronos (CRO) traded up 2.6% against the dollar and now trades at $0.0752 or 0.00000086 BTC.
• Cosmos (ATOM) traded 8.5% higher against the dollar and now trades at $4.54 or 0.00005198 BTC.
• Fetch.ai (FET) traded up 3.6% against the dollar and now trades at $0.66 or 0.00000750 BTC.
• Kava (KAVA) traded up 4.7% against the dollar and now trades at $0.41 or 0.00000469 BTC.
• Akash Network (AKT) traded up 3.2% against the dollar and now trades at $1.60 or 0.00001850 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 7,871,784,410 coins and its circulating supply is 5,557,149,880 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is commonwealth.im/terra-luna-classic-lunc. TerraClassicUSD’s official message board 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 currently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView