TerraClassicUSD Market Capitalization Hits $99.79 Million (USTC)

TerraClassicUSD (USTC) traded down 2.5% against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on July 1st. During the last seven days, TerraClassicUSD has traded 0.4% lower against the U.S. dollar. TerraClassicUSD has a market capitalization of $99.79 million and $7.13 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can currently be purchased for about $0.0178 or 0.00000028 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 4.4% lower against the dollar and now trades at $28.60 or 0.00045333 BTC.
• NEAR Protocol (NEAR) traded up 0.5% against the dollar and now trades at $5.36 or 0.00008501 BTC.
• Internet Computer (ICP) traded 2% lower against the dollar and now trades at $8.09 or 0.00012825 BTC.
• Hedera (HBAR) traded down 0.2% against the dollar and now trades at $0.0768 or 0.00000122 BTC.
• Cosmos (ATOM) traded up 1.3% against the dollar and now trades at $6.87 or 0.00010887 BTC.
• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.0915 or 0.00000145 BTC.
• Fetch.ai (FET) traded 6.6% lower against the dollar and now trades at $1.33 or 0.00002109 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.15 or 0.00000235 BTC.
• Akash Network (AKT) traded 1.9% higher against the dollar and now trades at $3.67 or 0.00005843 BTC.
• Theta Fuel (TFUEL) traded down 0.3% against the dollar and now trades at $0.0770 or 0.00000122 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,159,186 coins and its circulating supply is 5,595,808,014 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terra.money. 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.”

TerraClassicUSD Coin Trading

It is usually not currently 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView