TerraClassicUSD Reaches 24 Hour Trading Volume of $11.33 Million (USTC)

TerraClassicUSD (USTC) traded 0.8% higher against the dollar during the 24-hour period ending at 12:00 PM Eastern on July 28th. In the last seven days, TerraClassicUSD has traded down 1.2% against the dollar. One TerraClassicUSD coin can currently be bought for approximately $0.0200 or 0.00000030 BTC on major cryptocurrency exchanges. TerraClassicUSD has a market cap of $111.62 million and approximately $11.33 million worth of TerraClassicUSD was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 5.1% against the dollar and now trades at $27.34 or 0.00040387 BTC.
• NEAR Protocol (NEAR) traded 4% lower against the dollar and now trades at $5.46 or 0.00008072 BTC.
• Internet Computer (ICP) traded down 2.4% against the dollar and now trades at $9.49 or 0.00014022 BTC.
• Cosmos (ATOM) traded down 0.7% against the dollar and now trades at $6.28 or 0.00009277 BTC.
• Hedera (HBAR) traded down 1.6% against the dollar and now trades at $0.0676 or 0.00000100 BTC.
• Cronos (CRO) traded 1.4% lower against the dollar and now trades at $0.0901 or 0.00000133 BTC.
• Fetch.ai (FET) traded down 4.2% against the dollar and now trades at $1.24 or 0.00001836 BTC.
• Algorand (ALGO) traded down 2.8% against the dollar and now trades at $0.14 or 0.00000206 BTC.
• Akash Network (AKT) traded 0.1% higher against the dollar and now trades at $3.25 or 0.00004798 BTC.
• Theta Fuel (TFUEL) traded down 0.7% against the dollar and now trades at $0.0686 or 0.00000101 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,421,613 coins and its circulating supply is 5,579,374,742 coins. 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. 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.”

TerraClassicUSD Coin Trading

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 Gemini, GDAX or Changelly. 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