TerraClassicUSD (USTC) 24 Hour Volume Hits $5.89 Million

TerraClassicUSD (USTC) traded up 2.6% against the US dollar during the 24-hour period ending at 11:00 AM ET on January 17th. One TerraClassicUSD coin can currently be purchased for $0.0194 or 0.00000018 BTC on exchanges. In the last week, TerraClassicUSD has traded 5.5% higher against the US dollar. TerraClassicUSD has a total market cap of $107.77 million and approximately $5.89 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 3.3% higher against the dollar and now trades at $41.23 or 0.00039338 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.37 or 0.00000356 BTC.
• NEAR Protocol (NEAR) traded up 6.4% against the dollar and now trades at $5.63 or 0.00005372 BTC.
• Internet Computer (ICP) traded 2.9% higher against the dollar and now trades at $11.30 or 0.00010776 BTC.
• Algorand (ALGO) traded 0.9% lower against the dollar and now trades at $0.47 or 0.00000449 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.15 or 0.00000139 BTC.
• Fetch.ai (FET) traded 3.8% higher against the dollar and now trades at $1.40 or 0.00001340 BTC.
• Cosmos (ATOM) traded up 3.5% against the dollar and now trades at $6.93 or 0.00006610 BTC.
• Akash Network (AKT) traded up 4.3% against the dollar and now trades at $3.24 or 0.00003094 BTC.
• Kava (KAVA) traded up 2.9% against the dollar and now trades at $0.51 or 0.00000490 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 7,875,751,958 coins and its circulating supply is 5,561,651,969 coins. The official website for TerraClassicUSD is commonwealth.im/terra-luna-classic-lunc. 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 possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView