TerraClassicUSD Price Tops $0.0195 on Top Exchanges (USTC)

TerraClassicUSD (USTC) traded up 9.8% against the dollar during the twenty-four hour period ending at 16:00 PM ET on May 2nd. During the last seven days, TerraClassicUSD has traded up 2% against the dollar. One TerraClassicUSD coin can currently be purchased for approximately $0.0195 or 0.00000033 BTC on popular exchanges. TerraClassicUSD has a market capitalization of $174.73 million and $28.04 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 3.5% against the dollar and now trades at $33.64 or 0.00056900 BTC.
• NEAR Protocol (NEAR) traded 0.1% lower against the dollar and now trades at $6.06 or 0.00010252 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $13.27 or 0.00022450 BTC.
• Hedera (HBAR) traded 2.1% lower against the dollar and now trades at $0.0993 or 0.00000168 BTC.
• Cronos (CRO) traded up 2.2% against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Cosmos (ATOM) traded up 3.1% against the dollar and now trades at $8.65 or 0.00014626 BTC.
• Fetch.ai (FET) traded up 1.2% against the dollar and now trades at $2.00 or 0.00003381 BTC.
• Algorand (ALGO) traded 2.2% higher against the dollar and now trades at $0.18 or 0.00000309 BTC.
• Akash Network (AKT) traded 5.3% higher against the dollar and now trades at $4.26 or 0.00007187 BTC.
• Kava (KAVA) traded up 3.4% against the dollar and now trades at $0.66 or 0.00001112 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,961,698,323 coins and its circulating supply is 8,949,778,973 coins. The official website for TerraClassicUSD is terra.money. 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.”

Buying and Selling TerraClassicUSD

It is usually not possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView