TerraClassicUSD (USTC) Market Cap Reaches $82.18 Million

TerraClassicUSD (USTC) traded down 0.5% against the U.S. dollar during the one day period ending at 10:00 AM Eastern on March 2nd. In the last seven days, TerraClassicUSD has traded down 9% against the U.S. dollar. TerraClassicUSD has a total market cap of $82.18 million and approximately $3.51 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can currently be purchased for $0.0148 or 0.00000017 BTC on major exchanges.

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

• Hedera (HBAR) traded 6.4% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Avalanche (AVAX) traded up 2.1% against the dollar and now trades at $21.70 or 0.00025515 BTC.
• NEAR Protocol (NEAR) traded up 2.6% against the dollar and now trades at $3.19 or 0.00003752 BTC.
• Internet Computer (ICP) traded up 2.7% against the dollar and now trades at $6.54 or 0.00007690 BTC.
• Algorand (ALGO) traded up 4% against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0728 or 0.00000086 BTC.
• Cosmos (ATOM) traded 0.5% lower against the dollar and now trades at $4.43 or 0.00005203 BTC.
• Fetch.ai (FET) traded up 1.4% against the dollar and now trades at $0.64 or 0.00000751 BTC.
• Kava (KAVA) traded 1.7% higher against the dollar and now trades at $0.43 or 0.00000506 BTC.
• Akash Network (AKT) traded down 0.7% against the dollar and now trades at $1.58 or 0.00001854 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 7,871,507,824 coins and its circulating supply is 5,556,839,957 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official website is commonwealth.im/terra-luna-classic-lunc.

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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView