TerraClassicUSD (USTC) Price Hits $0.0180

TerraClassicUSD (USTC) traded 0.7% higher against the dollar during the 1-day period ending at 17:00 PM ET on June 26th. TerraClassicUSD has a market capitalization of $103.75 million and $10.89 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for about $0.0180 or 0.00000030 BTC on major cryptocurrency exchanges. In the last seven days, TerraClassicUSD has traded 5% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 3% against the dollar and now trades at $26.23 or 0.00043104 BTC.
• NEAR Protocol (NEAR) traded 4.7% lower against the dollar and now trades at $5.22 or 0.00008573 BTC.
• Internet Computer (ICP) traded down 1.7% against the dollar and now trades at $8.17 or 0.00013427 BTC.
• Hedera (HBAR) traded 4.4% lower against the dollar and now trades at $0.0757 or 0.00000124 BTC.
• Cosmos (ATOM) traded down 2.4% against the dollar and now trades at $6.80 or 0.00011185 BTC.
• Cronos (CRO) traded 6.1% lower against the dollar and now trades at $0.0890 or 0.00000146 BTC.
• Fetch.ai (FET) traded up 11% against the dollar and now trades at $1.76 or 0.00002900 BTC.
• Algorand (ALGO) traded 0.5% lower against the dollar and now trades at $0.14 or 0.00000231 BTC.
• Akash Network (AKT) traded down 5.4% against the dollar and now trades at $2.97 or 0.00004880 BTC.
• Kava (KAVA) traded 2.4% lower against the dollar and now trades at $0.46 or 0.00000750 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,315,539 coins and its circulating supply is 5,751,695,575 coins. The official website for TerraClassicUSD is terra.money. 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.

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 currently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView