TerraClassicUSD (USTC) Price Reaches $0.0176 on Major Exchanges

TerraClassicUSD (USTC) traded 0.1% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on June 29th. One TerraClassicUSD coin can currently be bought for $0.0176 or 0.00000029 BTC on popular cryptocurrency exchanges. During the last week, TerraClassicUSD has traded 0.3% lower against the U.S. dollar. TerraClassicUSD has a market cap of $98.65 million and $6.16 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 0.5% lower against the dollar and now trades at $27.82 or 0.00045645 BTC.
• NEAR Protocol (NEAR) traded up 1.4% against the dollar and now trades at $4.97 or 0.00008160 BTC.
• Internet Computer (ICP) traded 0.4% higher against the dollar and now trades at $7.95 or 0.00013049 BTC.
• Hedera (HBAR) traded down 0.2% against the dollar and now trades at $0.0766 or 0.00000126 BTC.
• Cosmos (ATOM) traded down 2% against the dollar and now trades at $6.62 or 0.00010869 BTC.
• Cronos (CRO) traded 0.6% higher against the dollar and now trades at $0.0905 or 0.00000148 BTC.
• Fetch.ai (FET) traded down 2.8% against the dollar and now trades at $1.37 or 0.00002241 BTC.
• Algorand (ALGO) traded 0.9% lower against the dollar and now trades at $0.14 or 0.00000228 BTC.
• Akash Network (AKT) traded 0.8% lower against the dollar and now trades at $3.53 or 0.00005789 BTC.
• Theta Fuel (TFUEL) traded 2% lower against the dollar and now trades at $0.0739 or 0.00000121 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,206,592 coins and its circulating supply is 5,595,866,301 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.”

TerraClassicUSD Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in U.S. 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