TerraClassicUSD 24-Hour Trading Volume Tops $3.12 Million (USTC)

TerraClassicUSD (USTC) traded up 1.1% against the US dollar during the 1-day period ending at 0:00 AM Eastern on September 8th. In the last week, TerraClassicUSD has traded up 4% against the US dollar. TerraClassicUSD has a market cap of $91.83 million and $3.12 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be bought for approximately $0.0157 or 0.00000029 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 4.3% against the dollar and now trades at $23.41 or 0.00042640 BTC.
• NEAR Protocol (NEAR) traded up 1.1% against the dollar and now trades at $3.78 or 0.00006892 BTC.
• Internet Computer (ICP) traded up 1.8% against the dollar and now trades at $7.43 or 0.00013541 BTC.
• Cronos (CRO) traded 2.2% higher against the dollar and now trades at $0.0786 or 0.00000143 BTC.
• Hedera (HBAR) traded up 1% against the dollar and now trades at $0.0497 or 0.00000091 BTC.
• Cosmos (ATOM) traded up 5.3% against the dollar and now trades at $3.88 or 0.00007067 BTC.
• Fetch.ai (FET) traded up 3% against the dollar and now trades at $1.12 or 0.00002037 BTC.
• Algorand (ALGO) traded up 1.1% against the dollar and now trades at $0.12 or 0.00000228 BTC.
• Akash Network (AKT) traded up 0.8% against the dollar and now trades at $2.29 or 0.00004175 BTC.
• Theta Fuel (TFUEL) traded 5.4% higher against the dollar and now trades at $0.0555 or 0.00000101 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,956,440,024 coins and its circulating supply is 5,842,934,478 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 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, Changelly or GDAX. 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