TerraClassicUSD Reaches 1-Day Volume of $12.33 Million (USTC)

TerraClassicUSD (USTC) traded 2.1% higher against the dollar during the 1-day period ending at 11:00 AM E.T. on June 27th. TerraClassicUSD has a market cap of $105.08 million and $12.33 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. Over the last seven days, TerraClassicUSD has traded down 2.7% against the dollar. One TerraClassicUSD coin can now be purchased for $0.0183 or 0.00000030 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 7.6% higher against the dollar and now trades at $27.79 or 0.00045123 BTC.
• NEAR Protocol (NEAR) traded 1.1% higher against the dollar and now trades at $5.24 or 0.00008505 BTC.
• Internet Computer (ICP) traded 0.8% higher against the dollar and now trades at $8.20 or 0.00013315 BTC.
• Hedera (HBAR) traded 3.2% higher against the dollar and now trades at $0.0789 or 0.00000128 BTC.
• Cosmos (ATOM) traded 0.4% higher against the dollar and now trades at $6.86 or 0.00011132 BTC.
• Cronos (CRO) traded 1.5% higher against the dollar and now trades at $0.0909 or 0.00000148 BTC.
• Fetch.ai (FET) traded down 10.8% against the dollar and now trades at $1.59 or 0.00002574 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.14 or 0.00000231 BTC.
• Akash Network (AKT) traded 16.5% higher against the dollar and now trades at $3.46 or 0.00005602 BTC.
• Theta Fuel (TFUEL) traded up 5.7% against the dollar and now trades at $0.0784 or 0.00000127 BTC.

About TerraClassicUSD

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,274,614 coins and its circulating supply is 5,751,647,120 coins. The official message board for TerraClassicUSD 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.”

Buying and Selling TerraClassicUSD

It is usually not possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView