TerraClassicUSD Trading 3.4% Higher Over Last 7 Days (USTC)

TerraClassicUSD (USTC) traded 3.5% lower against the US dollar during the one day period ending at 16:00 PM E.T. on October 17th. In the last seven days, TerraClassicUSD has traded 3.4% higher against the US dollar. TerraClassicUSD has a market cap of $122.43 million and approximately $20.92 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can currently be bought for approximately $0.0210 or 0.00000031 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $27.23 or 0.00040641 BTC.
• NEAR Protocol (NEAR) traded down 4.4% against the dollar and now trades at $4.74 or 0.00007071 BTC.
• Internet Computer (ICP) traded 3.7% lower against the dollar and now trades at $7.63 or 0.00011384 BTC.
• Cronos (CRO) traded 1.7% lower against the dollar and now trades at $0.0776 or 0.00000116 BTC.
• Hedera (HBAR) traded 5.8% lower against the dollar and now trades at $0.0509 or 0.00000076 BTC.
• Cosmos (ATOM) traded 3.5% lower against the dollar and now trades at $4.28 or 0.00006384 BTC.
• Fetch.ai (FET) traded down 5.3% against the dollar and now trades at $1.36 or 0.00002029 BTC.
• Algorand (ALGO) traded down 3.5% against the dollar and now trades at $0.12 or 0.00000177 BTC.
• Akash Network (AKT) traded down 5.6% against the dollar and now trades at $2.45 or 0.00003659 BTC.
• Theta Fuel (TFUEL) traded 2.6% lower against the dollar and now trades at $0.0598 or 0.00000089 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,143,423,429 coins and its circulating supply is 5,830,105,112 coins. 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. The official website for TerraClassicUSD 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.”

TerraClassicUSD Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView