TerraClassicUSD Market Capitalization Tops $116.40 Million (USTC)

TerraClassicUSD (USTC) traded down 7.5% against the U.S. dollar during the 24 hour period ending at 19:00 PM Eastern on November 3rd. One TerraClassicUSD coin can currently be bought for approximately $0.0200 or 0.00000029 BTC on major cryptocurrency exchanges. TerraClassicUSD has a total market cap of $116.40 million and $17.57 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last seven days, TerraClassicUSD has traded 7.8% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded 2.6% lower against the dollar and now trades at $23.53 or 0.00034342 BTC.
• NEAR Protocol (NEAR) traded down 3.9% against the dollar and now trades at $3.68 or 0.00005366 BTC.
• Internet Computer (ICP) traded down 5.2% against the dollar and now trades at $7.15 or 0.00010440 BTC.
• Fetch.ai (FET) traded 4.9% lower against the dollar and now trades at $1.13 or 0.00001653 BTC.
• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0715 or 0.00000104 BTC.
• Hedera (HBAR) traded 4.9% lower against the dollar and now trades at $0.0427 or 0.00000062 BTC.
• Cosmos (ATOM) traded down 3.7% against the dollar and now trades at $3.96 or 0.00005777 BTC.
• Algorand (ALGO) traded down 3.7% against the dollar and now trades at $0.11 or 0.00000160 BTC.
• Akash Network (AKT) traded 0.2% higher against the dollar and now trades at $2.27 or 0.00003290 BTC.
• Theta Fuel (TFUEL) traded 4.2% lower against the dollar and now trades at $0.0491 or 0.00000072 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,142,737,685 coins and its circulating supply is 5,829,312,601 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terraclassic.co.uk. TerraClassicUSD’s official message board is medium.com/terra-money.

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 currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView