TerraClassicUSD (USTC) One Day Trading Volume Hits $19.47 Million

TerraClassicUSD (USTC) traded up 1% against the US dollar during the 24-hour period ending at 11:00 AM E.T. on April 23rd. During the last seven days, TerraClassicUSD has traded 21.9% higher against the US dollar. TerraClassicUSD has a total market capitalization of $180.43 million and $19.47 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for approximately $0.0202 or 0.00000030 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 0.4% against the dollar and now trades at $39.16 or 0.00058488 BTC.
• NEAR Protocol (NEAR) traded up 1.7% against the dollar and now trades at $7.10 or 0.00010608 BTC.
• Internet Computer (ICP) traded 0.7% lower against the dollar and now trades at $14.95 or 0.00022330 BTC.
• Cronos (CRO) traded up 0.2% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 0.1% higher against the dollar and now trades at $8.85 or 0.00013223 BTC.
• Hedera (HBAR) traded 5.9% higher against the dollar and now trades at $0.0952 or 0.00000142 BTC.
• Fetch.ai (FET) traded up 3.9% against the dollar and now trades at $2.51 or 0.00003744 BTC.
• Algorand (ALGO) traded 1.2% higher against the dollar and now trades at $0.19 or 0.00000290 BTC.
• Akash Network (AKT) traded 34.8% higher against the dollar and now trades at $5.48 or 0.00008211 BTC.
• Kava (KAVA) traded up 1.6% against the dollar and now trades at $0.75 or 0.00001124 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,120,255 coins and its circulating supply is 8,950,276,591 coins. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD 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.”

Buying and Selling TerraClassicUSD

It is usually not presently 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 Coinbase, Changelly or Gemini. 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