TerraClassicUSD Price Tops $0.0188 on Top Exchanges (USTC)

TerraClassicUSD (USTC) traded 1.4% lower against the dollar during the 1 day period ending at 14:00 PM ET on April 27th. One TerraClassicUSD coin can currently be bought for $0.0188 or 0.00000030 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a market cap of $168.37 million and approximately $22.43 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. Over the last week, TerraClassicUSD has traded 14.5% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 1.2% against the dollar and now trades at $34.62 or 0.00054663 BTC.
• NEAR Protocol (NEAR) traded up 6.6% against the dollar and now trades at $7.48 or 0.00011814 BTC.
• Internet Computer (ICP) traded down 0.3% against the dollar and now trades at $13.30 or 0.00020992 BTC.
• Hedera (HBAR) traded down 3% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded up 0.7% against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $8.39 or 0.00013251 BTC.
• Fetch.ai (FET) traded 1.4% lower against the dollar and now trades at $2.17 or 0.00003425 BTC.
• Algorand (ALGO) traded 0% lower against the dollar and now trades at $0.20 or 0.00000315 BTC.
• Akash Network (AKT) traded down 4.6% against the dollar and now trades at $4.42 or 0.00007007 BTC.
• Kava (KAVA) traded 2.4% lower against the dollar and now trades at $0.69 or 0.00001096 BTC.

TerraClassicUSD Coin Profile

USTC uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,961,908,836 coins and its circulating supply is 8,950,024,778 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here.

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 US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView