TerraClassicUSD Price Reaches $0.0215 on Top Exchanges (USTC)

TerraClassicUSD (USTC) traded down 2% against the US dollar during the twenty-four hour period ending at 10:00 AM ET on May 9th. During the last seven days, TerraClassicUSD has traded 16.7% higher against the US dollar. TerraClassicUSD has a total market capitalization of $192.23 million and approximately $42.41 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can currently be purchased for $0.0215 or 0.00000035 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 1.9% lower against the dollar and now trades at $34.03 or 0.00055499 BTC.
• NEAR Protocol (NEAR) traded 0.8% higher against the dollar and now trades at $7.18 or 0.00011704 BTC.
• Internet Computer (ICP) traded down 3.3% against the dollar and now trades at $11.99 or 0.00019557 BTC.
• Hedera (HBAR) traded 0.3% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Cosmos (ATOM) traded 1.8% lower against the dollar and now trades at $8.93 or 0.00014562 BTC.
• Cronos (CRO) traded 2.1% lower against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Fetch.ai (FET) traded 4.4% lower against the dollar and now trades at $2.17 or 0.00003542 BTC.
• Algorand (ALGO) traded down 2.1% against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded up 12.3% against the dollar and now trades at $4.98 or 0.00008143 BTC.
• Kava (KAVA) traded down 1.6% against the dollar and now trades at $0.65 or 0.00001067 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,961,364,763 coins and its circulating supply is 8,949,390,591 coins. TerraClassicUSD’s official website is terra.money. 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.

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 U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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