TerraClassicUSD (USTC) Reaches 1-Day Trading Volume of $20.38 Million

TerraClassicUSD (USTC) traded 7.2% lower against the U.S. dollar during the 1-day period ending at 22:00 PM ET on October 25th. One TerraClassicUSD coin can currently be purchased for approximately $0.0205 or 0.00000031 BTC on major cryptocurrency exchanges. TerraClassicUSD has a total market capitalization of $119.49 million and approximately $20.38 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. Over the last week, TerraClassicUSD has traded 5.3% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded 5.7% lower against the dollar and now trades at $25.02 or 0.00037574 BTC.
• NEAR Protocol (NEAR) traded 10% lower against the dollar and now trades at $4.19 or 0.00006297 BTC.
• Internet Computer (ICP) traded down 6.7% against the dollar and now trades at $7.74 or 0.00011621 BTC.
• Cronos (CRO) traded 4% lower against the dollar and now trades at $0.0724 or 0.00000109 BTC.
• Hedera (HBAR) traded down 6.1% against the dollar and now trades at $0.0478 or 0.00000072 BTC.
• Cosmos (ATOM) traded down 6.9% against the dollar and now trades at $4.45 or 0.00006685 BTC.
• Fetch.ai (FET) traded down 9.2% against the dollar and now trades at $1.20 or 0.00001806 BTC.
• Algorand (ALGO) traded 5.7% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Akash Network (AKT) traded 10% lower against the dollar and now trades at $2.21 or 0.00003292 BTC.
• Theta Fuel (TFUEL) traded down 6.6% against the dollar and now trades at $0.0544 or 0.00000082 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,143,068,187 coins and its circulating supply is 5,829,701,064 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 US dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini 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