TerraClassicUSD Hits 24 Hour Volume of $2.66 Million (USTC)

TerraClassicUSD (USTC) traded down 2.6% against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on November 13th. In the last seven days, TerraClassicUSD has traded up 4.7% against the dollar. One TerraClassicUSD coin can now be purchased for about $0.0071 or 0.00000007 BTC on major cryptocurrency exchanges. TerraClassicUSD has a total market cap of $39.37 million and approximately $2.66 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Cronos (CRO) traded 1.7% lower against the dollar and now trades at $0.13 or 0.00000124 BTC.
• Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.18 or 0.00000173 BTC.
• Avalanche (AVAX) traded down 1.8% against the dollar and now trades at $17.29 or 0.00016796 BTC.
• Internet Computer (ICP) traded 5% lower against the dollar and now trades at $6.08 or 0.00005910 BTC.
• NEAR Protocol (NEAR) traded 3.2% lower against the dollar and now trades at $2.55 or 0.00002475 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.18 or 0.00000172 BTC.
• Cosmos (ATOM) traded 4.6% lower against the dollar and now trades at $2.95 or 0.00002867 BTC.
• Fetch.ai (FET) traded 8.8% lower against the dollar and now trades at $0.31 or 0.00000302 BTC.
• Akash Network (AKT) traded 6% lower against the dollar and now trades at $0.61 or 0.00000597 BTC.
• Theta Fuel (TFUEL) traded down 8.2% against the dollar and now trades at $0.0231 or 0.00000022 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 6,088,456,578 coins and its circulating supply is 5,554,306,306 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. TerraClassicUSD’s official website is www.terra-classic.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.”

Buying and Selling TerraClassicUSD

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

USTC/USD price chart by TradingView