TerraClassicUSD (USTC) Price Up 4.3% This Week

TerraClassicUSD (USTC) traded 0.6% higher against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on October 30th. Over the last seven days, TerraClassicUSD has traded 4.3% higher against the dollar. TerraClassicUSD has a total market cap of $132.72 million and approximately $16.87 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be purchased for about $0.0228 or 0.00000032 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 3.2% against the dollar and now trades at $26.17 or 0.00036443 BTC.
• NEAR Protocol (NEAR) traded 2.8% lower against the dollar and now trades at $4.33 or 0.00006029 BTC.
• Internet Computer (ICP) traded down 0.8% against the dollar and now trades at $8.05 or 0.00011203 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.30 or 0.00001805 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0754 or 0.00000105 BTC.
• Hedera (HBAR) traded 3.2% lower against the dollar and now trades at $0.0485 or 0.00000068 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $4.43 or 0.00006169 BTC.
• Algorand (ALGO) traded down 2.2% against the dollar and now trades at $0.12 or 0.00000169 BTC.
• Akash Network (AKT) traded 4.7% higher against the dollar and now trades at $2.51 or 0.00003485 BTC.
• Kava (KAVA) traded up 1% against the dollar and now trades at $0.35 or 0.00000489 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,142,901,365 coins and its circulating supply is 5,829,505,535 coins. 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. TerraClassicUSD’s official website is terraclassic.co.uk.

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

USTC/USD price chart by TradingView