TerraClassicUSD (USTC) Price Reaches $0.0200 on Top Exchanges

TerraClassicUSD (USTC) traded 7.5% lower against the US dollar during the 1-day period ending at 19:00 PM Eastern on November 3rd. TerraClassicUSD has a total market capitalization of $116.40 million and $17.57 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for approximately $0.0200 or 0.00000029 BTC on major exchanges. Over the last seven days, TerraClassicUSD has traded 7.8% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 2.6% against the dollar and now trades at $23.53 or 0.00034342 BTC.
• NEAR Protocol (NEAR) traded down 3.9% against the dollar and now trades at $3.68 or 0.00005366 BTC.
• Internet Computer (ICP) traded 5.2% lower against the dollar and now trades at $7.15 or 0.00010440 BTC.
• Fetch.ai (FET) traded 4.9% lower against the dollar and now trades at $1.13 or 0.00001653 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.0715 or 0.00000104 BTC.
• Hedera (HBAR) traded down 4.9% against the dollar and now trades at $0.0427 or 0.00000062 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $3.96 or 0.00005777 BTC.
• Algorand (ALGO) traded 3.7% lower against the dollar and now trades at $0.11 or 0.00000160 BTC.
• Akash Network (AKT) traded up 0.2% against the dollar and now trades at $2.27 or 0.00003290 BTC.
• Theta Fuel (TFUEL) traded down 4.2% against the dollar and now trades at $0.0491 or 0.00000072 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,142,737,685 coins and its circulating supply is 5,829,312,601 coins. The official website for TerraClassicUSD is terraclassic.co.uk. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView