TerraClassicUSD Price Tops $0.0215 (USTC)

TerraClassicUSD (USTC) traded 2.9% lower against the U.S. dollar during the twenty-four hour period ending at 19:00 PM ET on November 2nd. TerraClassicUSD has a market cap of $125.29 million and approximately $11.01 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded 4.1% higher against the U.S. dollar. One TerraClassicUSD coin can now be bought for approximately $0.0215 or 0.00000031 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 2.9% against the dollar and now trades at $24.07 or 0.00034744 BTC.
• NEAR Protocol (NEAR) traded down 3.3% against the dollar and now trades at $3.78 or 0.00005457 BTC.
• Internet Computer (ICP) traded 4% lower against the dollar and now trades at $7.49 or 0.00010813 BTC.
• Fetch.ai (FET) traded 3.7% lower against the dollar and now trades at $1.19 or 0.00001714 BTC.
• Cronos (CRO) traded 1% lower against the dollar and now trades at $0.0723 or 0.00000104 BTC.
• Hedera (HBAR) traded down 1.8% against the dollar and now trades at $0.0447 or 0.00000065 BTC.
• Cosmos (ATOM) traded down 1.9% against the dollar and now trades at $4.08 or 0.00005885 BTC.
• Algorand (ALGO) traded down 0.6% against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Akash Network (AKT) traded down 5.2% against the dollar and now trades at $2.26 or 0.00003252 BTC.
• Kava (KAVA) traded down 1.1% against the dollar and now trades at $0.32 or 0.00000459 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,142,789,924 coins and its circulating supply is 5,829,373,298 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official website is terraclassic.co.uk. 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.”

TerraClassicUSD Coin Trading

It is usually not 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 Changelly, Coinbase 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