TerraClassicUSD 24-Hour Trading Volume Reaches $21.24 Million (USTC)

TerraClassicUSD (USTC) traded 0.9% higher against the US dollar during the 24 hour period ending at 14:00 PM E.T. on April 17th. In the last week, TerraClassicUSD has traded 32.3% lower against the US dollar. TerraClassicUSD has a market capitalization of $151.45 million and $21.24 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can currently be purchased for $0.0169 or 0.00000027 BTC on major cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 0.1% higher against the dollar and now trades at $33.96 or 0.00055003 BTC.
• NEAR Protocol (NEAR) traded up 3.6% against the dollar and now trades at $5.49 or 0.00008885 BTC.
• Internet Computer (ICP) traded 0.4% lower against the dollar and now trades at $11.98 or 0.00019397 BTC.
• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $8.11 or 0.00013141 BTC.
• Hedera (HBAR) traded 0.6% lower against the dollar and now trades at $0.0786 or 0.00000127 BTC.
• Fetch.ai (FET) traded down 0.8% against the dollar and now trades at $1.99 or 0.00003226 BTC.
• Algorand (ALGO) traded 1% lower against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded 1.4% lower against the dollar and now trades at $3.55 or 0.00005834 BTC.
• Kava (KAVA) traded up 2% against the dollar and now trades at $0.65 or 0.00001051 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,350,047 coins and its circulating supply is 8,950,542,271 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.”

TerraClassicUSD Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView