TerraClassicUSD (USTC) 24 Hour Volume Reaches $19.81 Million

TerraClassicUSD (USTC) traded 1.9% higher against the US dollar during the 24 hour period ending at 0:00 AM E.T. on April 23rd. During the last seven days, TerraClassicUSD has traded 16% higher against the US dollar. TerraClassicUSD has a total market capitalization of $179.90 million and approximately $19.81 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be purchased for approximately $0.0201 or 0.00000030 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded up 0.7% against the dollar and now trades at $39.19 or 0.00058730 BTC.
• NEAR Protocol (NEAR) traded down 2.2% against the dollar and now trades at $6.90 or 0.00010347 BTC.
• Internet Computer (ICP) traded 1.7% lower against the dollar and now trades at $14.66 or 0.00021975 BTC.
• Hedera (HBAR) traded up 94.3% against the dollar and now trades at $0.17 or 0.00000261 BTC.
• Cronos (CRO) traded 0.2% higher against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 1.3% lower against the dollar and now trades at $8.76 or 0.00013124 BTC.
• Fetch.ai (FET) traded 1.2% higher against the dollar and now trades at $2.47 or 0.00003703 BTC.
• Algorand (ALGO) traded 13.8% higher against the dollar and now trades at $0.22 or 0.00000329 BTC.
• Akash Network (AKT) traded up 24.9% against the dollar and now trades at $5.09 or 0.00007681 BTC.
• Kava (KAVA) traded 3.5% higher against the dollar and now trades at $0.76 or 0.00001139 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,082,841 coins and its circulating supply is 8,950,229,092 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. 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.”

Buying and Selling TerraClassicUSD

It is usually not presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX 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