TerraClassicUSD Market Cap Achieves $105.26 Million (USTC)

TerraClassicUSD (USTC) traded 3% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM Eastern on June 18th. Over the last seven days, TerraClassicUSD has traded down 10.4% against the U.S. dollar. TerraClassicUSD has a market capitalization of $105.26 million and approximately $48.16 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can currently be bought for approximately $0.0183 or 0.00000028 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Avalanche (AVAX) traded 6.8% lower against the dollar and now trades at $26.19 or 0.00040558 BTC.
  • NEAR Protocol (NEAR) traded down 11.3% against the dollar and now trades at $4.57 or 0.00007074 BTC.
  • Internet Computer (ICP) traded down 8.7% against the dollar and now trades at $8.02 or 0.00012416 BTC.
  • Hedera (HBAR) traded down 6.6% against the dollar and now trades at $0.0752 or 0.00000116 BTC.
  • Cosmos (ATOM) traded down 7.6% against the dollar and now trades at $6.44 or 0.00009971 BTC.
  • Cronos (CRO) traded down 3% against the dollar and now trades at $0.0923 or 0.00000143 BTC.
  • Fetch.ai (FET) traded 11.2% lower against the dollar and now trades at $1.19 or 0.00001842 BTC.
  • Algorand (ALGO) traded 8.9% lower against the dollar and now trades at $0.13 or 0.00000206 BTC.
  • Akash Network (AKT) traded down 9% against the dollar and now trades at $2.68 or 0.00004132 BTC.
  • Kava (KAVA) traded down 14.7% against the dollar and now trades at $0.44 or 0.00000688 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,682,507 coins and its circulating supply is 5,752,182,895 coins. TerraClassicUSD’s official website is terra.money. 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.”

Buying and Selling TerraClassicUSD

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

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