TerraClassicUSD (USTC) Price Hits $0.0142 on Top Exchanges

TerraClassicUSD (USTC) traded down 8.5% against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on July 5th. One TerraClassicUSD coin can currently be purchased for $0.0142 or 0.00000025 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a market cap of $79.36 million and $32.82 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded down 19.9% against the U.S. dollar.

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

• Avalanche (AVAX) traded down 2.4% against the dollar and now trades at $24.80 or 0.00044174 BTC.
• NEAR Protocol (NEAR) traded 6.9% lower against the dollar and now trades at $4.45 or 0.00007929 BTC.
• Internet Computer (ICP) traded down 1.5% against the dollar and now trades at $6.70 or 0.00011929 BTC.
• Hedera (HBAR) traded 2% lower against the dollar and now trades at $0.0672 or 0.00000120 BTC.
• Cronos (CRO) traded down 3.1% against the dollar and now trades at $0.0843 or 0.00000150 BTC.
• Cosmos (ATOM) traded down 7.7% against the dollar and now trades at $5.70 or 0.00010159 BTC.
• Fetch.ai (FET) traded down 3.8% against the dollar and now trades at $1.16 or 0.00002058 BTC.
• Algorand (ALGO) traded 2.5% lower against the dollar and now trades at $0.13 or 0.00000235 BTC.
• Akash Network (AKT) traded 1.9% higher against the dollar and now trades at $3.13 or 0.00005520 BTC.
• Theta Fuel (TFUEL) traded down 3.1% against the dollar and now trades at $0.0634 or 0.00000113 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,959,029,693 coins and its circulating supply is 5,580,098,678 coins. TerraClassicUSD’s official website is terra.money. 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.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView