TerraClassicUSD (USTC) Trading 1.4% Higher Over Last Week

TerraClassicUSD (USTC) traded down 4.1% against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on November 26th. TerraClassicUSD has a total market cap of $129.39 million and $21.70 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. Over the last week, TerraClassicUSD has traded up 1.4% against the US dollar. One TerraClassicUSD coin can now be bought for about $0.0233 or 0.00000025 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 2.4% lower against the dollar and now trades at $42.03 or 0.00045028 BTC.
• NEAR Protocol (NEAR) traded 5.7% lower against the dollar and now trades at $6.19 or 0.00006634 BTC.
• Internet Computer (ICP) traded 5.6% lower against the dollar and now trades at $11.13 or 0.00011922 BTC.
• Hedera (HBAR) traded 1.5% lower against the dollar and now trades at $0.14 or 0.00000145 BTC.
• Cronos (CRO) traded down 5.7% against the dollar and now trades at $0.17 or 0.00000185 BTC.
• Fetch.ai (FET) traded 6.3% lower against the dollar and now trades at $1.36 or 0.00001455 BTC.
• Cosmos (ATOM) traded 4.6% lower against the dollar and now trades at $7.91 or 0.00008470 BTC.
• Algorand (ALGO) traded up 3.2% against the dollar and now trades at $0.28 or 0.00000296 BTC.
• Akash Network (AKT) traded down 1.4% against the dollar and now trades at $3.81 or 0.00004126 BTC.
• Kava (KAVA) traded 4.1% lower against the dollar and now trades at $0.50 or 0.00000538 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 7,877,793,182 coins and its circulating supply is 5,564,020,334 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terraclassic.co.uk. The official message board for TerraClassicUSD 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 buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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