TerraClassicUSD (USTC) Tops 24-Hour Volume of $15.10 Million

TerraClassicUSD (USTC) traded 3.4% higher against the dollar during the twenty-four hour period ending at 22:00 PM Eastern on July 12th. One TerraClassicUSD coin can currently be bought for approximately $0.0162 or 0.00000028 BTC on major exchanges. TerraClassicUSD has a market cap of $90.34 million and approximately $15.10 million worth of TerraClassicUSD was traded on exchanges in the last day. In the last seven days, TerraClassicUSD has traded 13.7% higher against the dollar.

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

• Avalanche (AVAX) traded up 2.1% against the dollar and now trades at $25.85 or 0.00044701 BTC.
• NEAR Protocol (NEAR) traded 2.7% higher against the dollar and now trades at $5.13 or 0.00008868 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $7.39 or 0.00012783 BTC.
• Hedera (HBAR) traded 2.2% higher against the dollar and now trades at $0.0672 or 0.00000116 BTC.
• Cosmos (ATOM) traded 3.2% higher against the dollar and now trades at $6.13 or 0.00010606 BTC.
• Cronos (CRO) traded 2.2% higher against the dollar and now trades at $0.0881 or 0.00000152 BTC.
• Fetch.ai (FET) traded up 3.7% against the dollar and now trades at $1.19 or 0.00002059 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.14 or 0.00000239 BTC.
• Akash Network (AKT) traded up 0.4% against the dollar and now trades at $3.35 or 0.00005786 BTC.
• Theta Fuel (TFUEL) traded 0.1% lower against the dollar and now trades at $0.0662 or 0.00000114 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,958,909,322 coins and its circulating supply is 5,579,951,046 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.”

TerraClassicUSD Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView