TerraClassicUSD (USTC) Trading Up 4% Over Last 7 Days

TerraClassicUSD (USTC) traded down 0.7% against the dollar during the twenty-four hour period ending at 9:00 AM ET on April 27th. In the last week, TerraClassicUSD has traded 4% higher against the dollar. TerraClassicUSD has a market cap of $165.76 million and $23.15 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can currently be purchased for $0.0185 or 0.00000029 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 2% lower against the dollar and now trades at $34.18 or 0.00054208 BTC.
• NEAR Protocol (NEAR) traded down 2.1% against the dollar and now trades at $6.98 or 0.00011064 BTC.
• Internet Computer (ICP) traded down 1.8% against the dollar and now trades at $13.02 or 0.00020647 BTC.
• Hedera (HBAR) traded down 4.8% against the dollar and now trades at $0.11 or 0.00000168 BTC.
• Cronos (CRO) traded 2.7% lower against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Cosmos (ATOM) traded 0.5% higher against the dollar and now trades at $8.21 or 0.00013022 BTC.
• Fetch.ai (FET) traded 3.2% lower against the dollar and now trades at $2.13 or 0.00003372 BTC.
• Algorand (ALGO) traded 0.3% higher against the dollar and now trades at $0.20 or 0.00000313 BTC.
• Akash Network (AKT) traded 6.3% lower against the dollar and now trades at $4.35 or 0.00006900 BTC.
• Kava (KAVA) traded down 1.6% against the dollar and now trades at $0.69 or 0.00001089 BTC.

About TerraClassicUSD

USTC uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,961,910,460 coins and its circulating supply is 8,950,026,843 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for TerraClassicUSD is medium.com/terra-money. 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 GDAX, Gemini or Coinbase. 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