TerraClassicUSD (USTC) One Day Volume Hits $6.28 Million

TerraClassicUSD (USTC) traded down 1.9% against the dollar during the twenty-four hour period ending at 13:00 PM Eastern on July 21st. TerraClassicUSD has a market capitalization of $112.70 million and $6.28 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded 23.8% higher against the dollar. One TerraClassicUSD coin can now be bought for approximately $0.0202 or 0.00000030 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 9.6% higher against the dollar and now trades at $31.28 or 0.00046421 BTC.
• NEAR Protocol (NEAR) traded 2.8% lower against the dollar and now trades at $6.13 or 0.00009098 BTC.
• Internet Computer (ICP) traded 0.2% higher against the dollar and now trades at $10.31 or 0.00015305 BTC.
• Hedera (HBAR) traded 2.4% lower against the dollar and now trades at $0.0732 or 0.00000109 BTC.
• Cosmos (ATOM) traded 1.5% lower against the dollar and now trades at $6.45 or 0.00009572 BTC.
• Cronos (CRO) traded down 0.8% against the dollar and now trades at $0.0946 or 0.00000140 BTC.
• Fetch.ai (FET) traded 2.9% lower against the dollar and now trades at $1.43 or 0.00002118 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.16 or 0.00000232 BTC.
• Akash Network (AKT) traded down 1.2% against the dollar and now trades at $3.50 or 0.00005182 BTC.
• Theta Fuel (TFUEL) traded down 3.5% against the dollar and now trades at $0.0730 or 0.00000108 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,554,311 coins and its circulating supply is 5,579,533,882 coins. The official website for TerraClassicUSD is terra.money. The official message board for TerraClassicUSD 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.”

Buying and Selling TerraClassicUSD

It is usually not currently 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView