TerraClassicUSD (USTC) Reaches 24 Hour Trading Volume of $17.09 Million

TerraClassicUSD (USTC) traded up 2.1% against the US dollar during the 24 hour period ending at 15:00 PM E.T. on April 22nd. TerraClassicUSD has a total market cap of $177.64 million and approximately $17.09 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be bought for about $0.0198 or 0.00000030 BTC on cryptocurrency exchanges. During the last week, TerraClassicUSD has traded up 18.6% against the US dollar.

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

• Avalanche (AVAX) traded up 6% against the dollar and now trades at $39.18 or 0.00058972 BTC.
• NEAR Protocol (NEAR) traded 17.5% higher against the dollar and now trades at $7.21 or 0.00010856 BTC.
• Internet Computer (ICP) traded 0.7% lower against the dollar and now trades at $15.06 or 0.00022660 BTC.
• Cronos (CRO) traded up 1.9% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded up 3.4% against the dollar and now trades at $8.91 or 0.00013404 BTC.
• Hedera (HBAR) traded up 1.6% against the dollar and now trades at $0.0902 or 0.00000136 BTC.
• Fetch.ai (FET) traded up 2.7% against the dollar and now trades at $2.46 or 0.00003704 BTC.
• Algorand (ALGO) traded up 4.3% against the dollar and now trades at $0.19 or 0.00000293 BTC.
• Akash Network (AKT) traded 1.2% higher against the dollar and now trades at $4.02 or 0.00006036 BTC.
• Kava (KAVA) traded 4.6% higher against the dollar and now trades at $0.74 or 0.00001117 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,136,291 coins and its circulating supply is 8,950,296,344 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website 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 buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView