TerraClassicUSD Market Capitalization Achieves $89.00 Million (USTC)

TerraClassicUSD (USTC) traded down 7.5% against the U.S. dollar during the 1-day period ending at 8:00 AM E.T. on July 4th. Over the last seven days, TerraClassicUSD has traded down 11.6% against the U.S. dollar. One TerraClassicUSD coin can currently be bought for approximately $0.0159 or 0.00000028 BTC on major cryptocurrency exchanges. TerraClassicUSD has a market cap of $89.00 million and $11.47 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 4.7% against the dollar and now trades at $25.87 or 0.00044937 BTC.
• NEAR Protocol (NEAR) traded 5.1% lower against the dollar and now trades at $4.90 or 0.00008510 BTC.
• Internet Computer (ICP) traded down 8.6% against the dollar and now trades at $6.94 or 0.00012058 BTC.
• Hedera (HBAR) traded 5% lower against the dollar and now trades at $0.0695 or 0.00000121 BTC.
• Cosmos (ATOM) traded 4.9% lower against the dollar and now trades at $6.20 or 0.00010775 BTC.
• Cronos (CRO) traded down 3.5% against the dollar and now trades at $0.0862 or 0.00000150 BTC.
• Fetch.ai (FET) traded 5.3% lower against the dollar and now trades at $1.20 or 0.00002087 BTC.
• Algorand (ALGO) traded down 5.8% against the dollar and now trades at $0.14 or 0.00000238 BTC.
• Akash Network (AKT) traded down 9.1% against the dollar and now trades at $3.11 or 0.00005391 BTC.
• Theta Fuel (TFUEL) traded down 8.8% against the dollar and now trades at $0.0668 or 0.00000116 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,119,548 coins and its circulating supply is 5,580,202,951 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official message board 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 currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView