TerraClassicUSD (USTC) One Day Volume Hits $14.67 Million

TerraClassicUSD (USTC) traded 0.4% lower against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on July 12th. One TerraClassicUSD coin can now be purchased for $0.0160 or 0.00000027 BTC on major exchanges. Over the last week, TerraClassicUSD has traded up 11.7% against the U.S. dollar. TerraClassicUSD has a total market cap of $89.35 million and $14.67 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 0.3% higher against the dollar and now trades at $25.66 or 0.00043925 BTC.
• NEAR Protocol (NEAR) traded up 2.1% against the dollar and now trades at $5.15 or 0.00008809 BTC.
• Internet Computer (ICP) traded 2.6% lower against the dollar and now trades at $7.35 or 0.00012588 BTC.
• Hedera (HBAR) traded 0.3% higher against the dollar and now trades at $0.0674 or 0.00000115 BTC.
• Cosmos (ATOM) traded 0.7% higher against the dollar and now trades at $6.09 or 0.00010430 BTC.
• Cronos (CRO) traded 2.5% higher against the dollar and now trades at $0.0884 or 0.00000151 BTC.
• Fetch.ai (FET) traded down 2.6% against the dollar and now trades at $1.16 or 0.00001978 BTC.
• Algorand (ALGO) traded 1.4% lower against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded down 3.3% against the dollar and now trades at $3.30 or 0.00005669 BTC.
• Theta Fuel (TFUEL) traded up 1.1% against the dollar and now trades at $0.0674 or 0.00000115 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,958,912,446 coins and its circulating supply is 5,579,955,345 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terra.money. TerraClassicUSD’s official message board 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 presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView