TerraClassicUSD (USTC) Price Hits $0.0169 on Exchanges

TerraClassicUSD (USTC) traded up 3.7% against the US dollar during the 1 day period ending at 18:00 PM Eastern on September 17th. In the last seven days, TerraClassicUSD has traded down 0.6% against the US dollar. TerraClassicUSD has a market capitalization of $98.55 million and approximately $4.75 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can currently be bought for approximately $0.0169 or 0.00000028 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 2.1% against the dollar and now trades at $23.92 or 0.00039644 BTC.
• NEAR Protocol (NEAR) traded up 7.6% against the dollar and now trades at $4.18 or 0.00006929 BTC.
• Internet Computer (ICP) traded down 0.9% against the dollar and now trades at $7.92 or 0.00013119 BTC.
• Cronos (CRO) traded up 1.3% against the dollar and now trades at $0.0801 or 0.00000133 BTC.
• Hedera (HBAR) traded up 1.1% against the dollar and now trades at $0.0499 or 0.00000083 BTC.
• Cosmos (ATOM) traded up 5.7% against the dollar and now trades at $4.18 or 0.00006932 BTC.
• Fetch.ai (FET) traded up 8.3% against the dollar and now trades at $1.37 or 0.00002263 BTC.
• Algorand (ALGO) traded 1.4% higher against the dollar and now trades at $0.12 or 0.00000207 BTC.
• Akash Network (AKT) traded up 1.3% against the dollar and now trades at $2.44 or 0.00004050 BTC.
• Theta Fuel (TFUEL) traded down 0.9% against the dollar and now trades at $0.0608 or 0.00000101 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,916,951,127 coins and its circulating supply is 5,838,416,016 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.”

Buying and Selling TerraClassicUSD

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

USTC/USD price chart by TradingView