TerraClassicUSD Trading Up 3.4% This Week (USTC)

TerraClassicUSD (USTC) traded 3.3% higher against the U.S. dollar during the 1 day period ending at 9:00 AM ET on November 30th. TerraClassicUSD has a total market cap of $144.31 million and approximately $22.53 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for approximately $0.0259 or 0.00000027 BTC on major cryptocurrency exchanges. During the last seven days, TerraClassicUSD has traded up 3.4% against the U.S. dollar.

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

• Avalanche (AVAX) traded 3.7% higher against the dollar and now trades at $45.74 or 0.00047391 BTC.
• NEAR Protocol (NEAR) traded 1.9% higher against the dollar and now trades at $7.05 or 0.00007301 BTC.
• Hedera (HBAR) traded up 9.5% against the dollar and now trades at $0.17 or 0.00000175 BTC.
• Internet Computer (ICP) traded 5.1% higher against the dollar and now trades at $12.41 or 0.00012858 BTC.
• Cronos (CRO) traded down 0.2% against the dollar and now trades at $0.19 or 0.00000192 BTC.
• Fetch.ai (FET) traded 14.4% higher against the dollar and now trades at $1.87 or 0.00001939 BTC.
• Algorand (ALGO) traded up 15.2% against the dollar and now trades at $0.45 or 0.00000464 BTC.
• Cosmos (ATOM) traded up 0.6% against the dollar and now trades at $8.62 or 0.00008936 BTC.
• Akash Network (AKT) traded 1.1% lower against the dollar and now trades at $4.24 or 0.00004382 BTC.
• Kava (KAVA) traded up 5.3% against the dollar and now trades at $0.61 or 0.00000633 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 7,877,536,283 coins and its circulating supply is 5,563,725,302 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terraclassic.co.uk.

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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView