TerraClassicUSD Price Hits $0.0166 on Major Exchanges (USTC)

TerraClassicUSD (USTC) traded 1% lower against the dollar during the 24-hour period ending at 17:00 PM Eastern on September 18th. TerraClassicUSD has a market capitalization of $96.76 million and approximately $5.16 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last week, TerraClassicUSD has traded 1.4% lower against the dollar. One TerraClassicUSD coin can now be bought for about $0.0166 or 0.00000028 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 2.3% lower against the dollar and now trades at $23.31 or 0.00039065 BTC.
• NEAR Protocol (NEAR) traded 2.7% lower against the dollar and now trades at $4.03 or 0.00006747 BTC.
• Internet Computer (ICP) traded 1.7% lower against the dollar and now trades at $7.76 or 0.00013001 BTC.
• Cronos (CRO) traded 0.8% lower against the dollar and now trades at $0.0796 or 0.00000133 BTC.
• Hedera (HBAR) traded down 0.9% against the dollar and now trades at $0.0493 or 0.00000083 BTC.
• Cosmos (ATOM) traded up 2% against the dollar and now trades at $4.24 or 0.00007101 BTC.
• Fetch.ai (FET) traded up 1.1% against the dollar and now trades at $1.35 or 0.00002268 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000207 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $2.42 or 0.00004003 BTC.
• Theta Fuel (TFUEL) traded 0.8% lower against the dollar and now trades at $0.0606 or 0.00000102 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,916,922,940 coins and its circulating supply is 5,838,383,372 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 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 possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView