TerraClassicUSD (USTC) Trading Up 10.9% Over Last Week

TerraClassicUSD (USTC) traded down 7.8% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on April 24th. In the last week, TerraClassicUSD has traded up 10.9% against the US dollar. One TerraClassicUSD coin can currently be bought for $0.0187 or 0.00000029 BTC on popular exchanges. TerraClassicUSD has a market cap of $167.20 million and $19.28 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 7.1% lower against the dollar and now trades at $36.24 or 0.00056436 BTC.
• NEAR Protocol (NEAR) traded 1.9% lower against the dollar and now trades at $6.84 or 0.00010657 BTC.
• Internet Computer (ICP) traded down 6.1% against the dollar and now trades at $13.79 or 0.00021472 BTC.
• Hedera (HBAR) traded 26.9% lower against the dollar and now trades at $0.12 or 0.00000184 BTC.
• Cronos (CRO) traded 5.2% lower against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Cosmos (ATOM) traded 3% lower against the dollar and now trades at $8.47 or 0.00013191 BTC.
• Fetch.ai (FET) traded down 7.8% against the dollar and now trades at $2.27 or 0.00003530 BTC.
• Algorand (ALGO) traded 0.4% lower against the dollar and now trades at $0.20 or 0.00000317 BTC.
• Akash Network (AKT) traded down 0.5% against the dollar and now trades at $5.09 or 0.00007924 BTC.
• Kava (KAVA) traded 4.7% lower against the dollar and now trades at $0.73 or 0.00001132 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,962,064,804 coins and its circulating supply is 8,950,205,642 coins. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. 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.”

Buying and Selling TerraClassicUSD

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 GDAX. 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