TerraClassicUSD (USTC) Price Up 1.7% Over Last Week

TerraClassicUSD (USTC) traded up 1.7% against the dollar during the 24-hour period ending at 13:00 PM ET on March 28th. During the last week, TerraClassicUSD has traded up 1.7% against the dollar. One TerraClassicUSD coin can currently be bought for about $0.0289 or 0.00000041 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a total market cap of $258.39 million and $13.07 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 0.9% against the dollar and now trades at $54.37 or 0.00076855 BTC.
• Internet Computer (ICP) traded down 15.4% against the dollar and now trades at $17.66 or 0.00024956 BTC.
• NEAR Protocol (NEAR) traded down 0.4% against the dollar and now trades at $7.23 or 0.00010227 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $12.29 or 0.00017379 BTC.
• Cronos (CRO) traded 3.3% higher against the dollar and now trades at $0.15 or 0.00000216 BTC.
• Hedera (HBAR) traded 2.6% higher against the dollar and now trades at $0.12 or 0.00000165 BTC.
• Fetch.ai (FET) traded up 10.7% against the dollar and now trades at $3.43 or 0.00004851 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.27 or 0.00000387 BTC.
• Akash Network (AKT) traded 0.6% higher against the dollar and now trades at $5.34 or 0.00007523 BTC.
• Kava (KAVA) traded up 1.4% against the dollar and now trades at $1.00 or 0.00001412 BTC.

About TerraClassicUSD

USTC uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,964,834,957 coins and its circulating supply is 8,953,458,042 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terra.money. 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView