TerraClassicUSD (USTC) Tops 24 Hour Trading Volume of $20.73 Million

TerraClassicUSD (USTC) traded up 0.2% against the US dollar during the one day period ending at 16:00 PM E.T. on April 16th. TerraClassicUSD has a market capitalization of $150.78 million and $20.73 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last week, TerraClassicUSD has traded down 34.5% against the US dollar. One TerraClassicUSD coin can currently be bought for $0.0168 or 0.00000027 BTC on popular exchanges.

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

• Avalanche (AVAX) traded down 2.5% against the dollar and now trades at $34.19 or 0.00054354 BTC.
• NEAR Protocol (NEAR) traded 3.2% higher against the dollar and now trades at $5.33 or 0.00008473 BTC.
• Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $12.09 or 0.00019223 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Cosmos (ATOM) traded up 0.1% against the dollar and now trades at $8.08 or 0.00012842 BTC.
• Hedera (HBAR) traded up 0% against the dollar and now trades at $0.0793 or 0.00000126 BTC.
• Fetch.ai (FET) traded 2.9% lower against the dollar and now trades at $2.00 or 0.00003187 BTC.
• Algorand (ALGO) traded up 1.1% against the dollar and now trades at $0.17 or 0.00000273 BTC.
• Akash Network (AKT) traded up 4.4% against the dollar and now trades at $3.74 or 0.00005968 BTC.
• Kava (KAVA) traded up 1% against the dollar and now trades at $0.64 or 0.00001020 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,361,749 coins and its circulating supply is 8,950,556,764 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is 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 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 Changelly. 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