TerraClassicUSD Hits 24 Hour Trading Volume of $12.15 Million (USTC)

TerraClassicUSD (USTC) traded 3.7% higher against the U.S. dollar during the one day period ending at 0:00 AM Eastern on July 8th. One TerraClassicUSD coin can currently be bought for approximately $0.0156 or 0.00000027 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a market cap of $87.32 million and approximately $12.15 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. In the last seven days, TerraClassicUSD has traded down 12.2% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 0.4% against the dollar and now trades at $25.23 or 0.00044085 BTC.
• NEAR Protocol (NEAR) traded up 5.4% against the dollar and now trades at $4.53 or 0.00007908 BTC.
• Internet Computer (ICP) traded up 1.9% against the dollar and now trades at $6.97 or 0.00012183 BTC.
• Hedera (HBAR) traded up 4.6% against the dollar and now trades at $0.0670 or 0.00000117 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $5.84 or 0.00010201 BTC.
• Cronos (CRO) traded 3.6% higher against the dollar and now trades at $0.0848 or 0.00000148 BTC.
• Fetch.ai (FET) traded up 8% against the dollar and now trades at $1.18 or 0.00002069 BTC.
• Algorand (ALGO) traded up 7.6% against the dollar and now trades at $0.14 or 0.00000236 BTC.
• Akash Network (AKT) traded 6.1% higher against the dollar and now trades at $3.47 or 0.00006120 BTC.
• Theta Fuel (TFUEL) traded 5.7% higher against the dollar and now trades at $0.0648 or 0.00000113 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,964,896 coins and its circulating supply is 5,580,020,468 coins. The official website for TerraClassicUSD 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 US dollars. Investors seeking to acquire TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini 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