TerraClassicUSD Trading Down 1.3% This Week (USTC)

TerraClassicUSD (USTC) traded 3.5% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on February 25th. TerraClassicUSD has a total market capitalization of $27.09 million and approximately $1.39 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last week, TerraClassicUSD has traded down 1.3% against the U.S. dollar. One TerraClassicUSD coin can now be purchased for approximately $0.0049 or 0.00000007 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Cronos (CRO) traded 4.5% higher against the dollar and now trades at $0.0773 or 0.00000117 BTC.
• Hedera (HBAR) traded up 6.6% against the dollar and now trades at $0.0999 or 0.00000151 BTC.
• Avalanche (AVAX) traded 13.9% higher against the dollar and now trades at $9.41 or 0.00014205 BTC.
• NEAR Protocol (NEAR) traded up 10.7% against the dollar and now trades at $1.07 or 0.00001620 BTC.
• Internet Computer (ICP) traded 7.2% higher against the dollar and now trades at $2.22 or 0.00003346 BTC.
• Cosmos (ATOM) traded 2% higher against the dollar and now trades at $2.08 or 0.00003133 BTC.
• Algorand (ALGO) traded up 6.2% against the dollar and now trades at $0.0886 or 0.00000134 BTC.
• Fetch.ai (FET) traded 6% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• PayProtocol Paycoin (PCI) traded 1.5% higher against the dollar and now trades at $0.0591 or 0.00000089 BTC.
• Theta Fuel (TFUEL) traded up 4.9% against the dollar and now trades at $0.0140 or 0.00000021 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 6,083,194,866 coins and its circulating supply is 5,554,306,306 coins. The official website for TerraClassicUSD is www.terra-classic.io. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here.

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 presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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