TerraClassicUSD (USTC) 24 Hour Trading Volume Tops $5.91 Million

TerraClassicUSD (USTC) traded down 2.9% against the US dollar during the one day period ending at 23:00 PM ET on July 30th. During the last week, TerraClassicUSD has traded down 2.1% against the US dollar. One TerraClassicUSD coin can currently be purchased for about $0.0189 or 0.00000029 BTC on cryptocurrency exchanges. TerraClassicUSD has a total market cap of $105.68 million and $5.91 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $26.46 or 0.00040022 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $5.20 or 0.00007868 BTC.
• Internet Computer (ICP) traded 1.6% lower against the dollar and now trades at $8.85 or 0.00013384 BTC.
• Hedera (HBAR) traded down 1.8% against the dollar and now trades at $0.0661 or 0.00000100 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $6.03 or 0.00009125 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.0887 or 0.00000134 BTC.
• Fetch.ai (FET) traded down 1.9% against the dollar and now trades at $1.19 or 0.00001806 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.14 or 0.00000207 BTC.
• Akash Network (AKT) traded down 5.8% against the dollar and now trades at $2.97 or 0.00004491 BTC.
• Kava (KAVA) traded down 3% against the dollar and now trades at $0.40 or 0.00000610 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,958,391,246 coins and its circulating supply is 5,579,336,789 coins. TerraClassicUSD’s official message board is medium.com/terra-money. The official website for TerraClassicUSD is 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 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView