TerraClassicUSD (USTC) Market Capitalization Achieves $128.26 Million

TerraClassicUSD (USTC) traded 3.3% lower against the US dollar during the 24-hour period ending at 10:00 AM Eastern on December 16th. TerraClassicUSD has a total market cap of $128.26 million and approximately $13.20 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. Over the last seven days, TerraClassicUSD has traded 16.2% lower against the US dollar. One TerraClassicUSD coin can currently be bought for $0.0231 or 0.00000022 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 2.5% against the dollar and now trades at $49.45 or 0.00046746 BTC.
• Hedera (HBAR) traded down 4.5% against the dollar and now trades at $0.28 or 0.00000266 BTC.
• NEAR Protocol (NEAR) traded down 2% against the dollar and now trades at $6.69 or 0.00006328 BTC.
• Internet Computer (ICP) traded down 3.6% against the dollar and now trades at $12.76 or 0.00012065 BTC.
• Cronos (CRO) traded down 4% against the dollar and now trades at $0.17 or 0.00000164 BTC.
• Fetch.ai (FET) traded down 2% against the dollar and now trades at $1.73 or 0.00001638 BTC.
• Cosmos (ATOM) traded 4.8% lower against the dollar and now trades at $8.82 or 0.00008335 BTC.
• Algorand (ALGO) traded 4.3% lower against the dollar and now trades at $0.41 or 0.00000390 BTC.
• Akash Network (AKT) traded 2.3% lower against the dollar and now trades at $3.77 or 0.00003619 BTC.
• Kava (KAVA) traded 2.1% lower against the dollar and now trades at $0.56 or 0.00000530 BTC.

TerraClassicUSD Coin Profile

USTC uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 7,876,650,677 coins and its circulating supply is 5,562,688,624 coins. TerraClassicUSD’s official website is terraclassic.co.uk. 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.”

TerraClassicUSD Coin Trading

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

USTC/USD price chart by TradingView