TerraClassicUSD Tops 1-Day Trading Volume of $24.40 Million (USTC)

TerraClassicUSD (USTC) traded 1.1% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM ET on April 19th. TerraClassicUSD has a total market cap of $157.44 million and $24.40 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded down 9.8% against the U.S. dollar. One TerraClassicUSD coin can currently be bought for about $0.0176 or 0.00000027 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 0.6% against the dollar and now trades at $35.21 or 0.00054726 BTC.
• Internet Computer (ICP) traded up 12.9% against the dollar and now trades at $14.38 or 0.00022343 BTC.
• NEAR Protocol (NEAR) traded 1.1% lower against the dollar and now trades at $5.63 or 0.00008750 BTC.
• Cronos (CRO) traded 1% higher against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded down 0.2% against the dollar and now trades at $8.24 or 0.00012813 BTC.
• Hedera (HBAR) traded down 0.9% against the dollar and now trades at $0.0817 or 0.00000127 BTC.
• Fetch.ai (FET) traded 4.2% higher against the dollar and now trades at $2.14 or 0.00003329 BTC.
• Algorand (ALGO) traded up 0.8% against the dollar and now trades at $0.18 or 0.00000275 BTC.
• Akash Network (AKT) traded 1.8% lower against the dollar and now trades at $3.91 or 0.00006080 BTC.
• Kava (KAVA) traded up 0.6% against the dollar and now trades at $0.67 or 0.00001048 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,242,259 coins and its circulating supply is 8,950,425,041 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website 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.”

TerraClassicUSD Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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