TerraClassicUSD Price Tops $0.0162 on Major Exchanges (USTC)

TerraClassicUSD (USTC) traded up 1.2% against the U.S. dollar during the 24 hour period ending at 16:00 PM E.T. on August 13th. TerraClassicUSD has a total market capitalization of $90.60 million and $4.29 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last seven days, TerraClassicUSD has traded up 11.2% against the U.S. dollar. One TerraClassicUSD coin can currently be bought for $0.0162 or 0.00000027 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 1.6% higher against the dollar and now trades at $21.36 or 0.00035106 BTC.
• NEAR Protocol (NEAR) traded up 9.2% against the dollar and now trades at $4.40 or 0.00007229 BTC.
• Internet Computer (ICP) traded up 2.6% against the dollar and now trades at $7.28 or 0.00011969 BTC.
• Cronos (CRO) traded up 1.5% against the dollar and now trades at $0.0886 or 0.00000146 BTC.
• Cosmos (ATOM) traded 0.1% lower against the dollar and now trades at $5.02 or 0.00008257 BTC.
• Hedera (HBAR) traded up 2% against the dollar and now trades at $0.0542 or 0.00000089 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Fetch.ai (FET) traded up 3.4% against the dollar and now trades at $0.88 or 0.00001446 BTC.
• Akash Network (AKT) traded 7.7% higher against the dollar and now trades at $2.79 or 0.00004628 BTC.
• Theta Fuel (TFUEL) traded up 5.6% against the dollar and now trades at $0.0583 or 0.00000096 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,958,054,329 coins and its circulating supply is 5,578,940,485 coins. TerraClassicUSD’s official website 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 purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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