TerraClassicUSD Price Reaches $0.0235 (USTC)

TerraClassicUSD (USTC) traded 2.1% higher against the US dollar during the twenty-four hour period ending at 20:00 PM E.T. on October 22nd. One TerraClassicUSD coin can now be purchased for approximately $0.0235 or 0.00000035 BTC on exchanges. During the last seven days, TerraClassicUSD has traded 10.5% higher against the US dollar. TerraClassicUSD has a market cap of $137.18 million and $43.56 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

  • Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $27.63 or 0.00040964 BTC.
  • NEAR Protocol (NEAR) traded 1.8% lower against the dollar and now trades at $4.70 or 0.00006964 BTC.
  • Internet Computer (ICP) traded 0.4% lower against the dollar and now trades at $7.96 or 0.00011798 BTC.
  • Cronos (CRO) traded 0.7% lower against the dollar and now trades at $0.0771 or 0.00000114 BTC.
  • Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0526 or 0.00000078 BTC.
  • Cosmos (ATOM) traded down 2.1% against the dollar and now trades at $4.80 or 0.00007117 BTC.
  • Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.36 or 0.00002011 BTC.
  • Algorand (ALGO) traded 1.2% lower against the dollar and now trades at $0.12 or 0.00000185 BTC.
  • Akash Network (AKT) traded up 1.6% against the dollar and now trades at $2.52 or 0.00003730 BTC.
  • Theta Fuel (TFUEL) traded 1.1% lower against the dollar and now trades at $0.0607 or 0.00000090 BTC.

TerraClassicUSD Coin Profile

USTC uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,143,233,915 coins and its circulating supply is 5,829,887,014 coins. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official website is terraclassic.co.uk. 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.”

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

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