TerraClassicUSD (USTC) Trading 8.5% Higher This Week

TerraClassicUSD (USTC) traded down 8.8% against the dollar during the 1-day period ending at 19:00 PM Eastern on September 15th. TerraClassicUSD has a market capitalization of $99.65 million and $10.13 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be purchased for approximately $0.0171 or 0.00000029 BTC on exchanges. In the last seven days, TerraClassicUSD has traded up 8.5% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 6% lower against the dollar and now trades at $23.81 or 0.00040305 BTC.
• NEAR Protocol (NEAR) traded down 4.1% against the dollar and now trades at $4.03 or 0.00006818 BTC.
• Internet Computer (ICP) traded 3.6% lower against the dollar and now trades at $8.33 or 0.00014103 BTC.
• Cronos (CRO) traded down 2.7% against the dollar and now trades at $0.0802 or 0.00000136 BTC.
• Hedera (HBAR) traded 3.3% lower against the dollar and now trades at $0.0500 or 0.00000085 BTC.
• Cosmos (ATOM) traded down 4.3% against the dollar and now trades at $4.06 or 0.00006876 BTC.
• Fetch.ai (FET) traded 5.1% lower against the dollar and now trades at $1.34 or 0.00002264 BTC.
• Algorand (ALGO) traded 3.5% lower against the dollar and now trades at $0.13 or 0.00000214 BTC.
• Akash Network (AKT) traded down 1.4% against the dollar and now trades at $2.46 or 0.00004182 BTC.
• Theta Fuel (TFUEL) traded 3.4% lower against the dollar and now trades at $0.0600 or 0.00000102 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,916,993,180 coins and its circulating supply is 5,838,465,228 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official message board 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 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 Changelly, 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