TerraClassicUSD Price Tops $0.0143 on Major Exchanges (USTC)

TerraClassicUSD (USTC) traded down 10.8% against the US dollar during the 24 hour period ending at 7:00 AM ET on July 5th. During the last week, TerraClassicUSD has traded down 22% against the US dollar. One TerraClassicUSD coin can currently be purchased for approximately $0.0143 or 0.00000026 BTC on major cryptocurrency exchanges. TerraClassicUSD has a market capitalization of $79.54 million and $31.06 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 6.6% against the dollar and now trades at $24.13 or 0.00043678 BTC.
• NEAR Protocol (NEAR) traded down 11.8% against the dollar and now trades at $4.31 or 0.00007801 BTC.
• Internet Computer (ICP) traded 7.2% lower against the dollar and now trades at $6.42 or 0.00011612 BTC.
• Hedera (HBAR) traded 8.1% lower against the dollar and now trades at $0.0640 or 0.00000116 BTC.
• Cronos (CRO) traded 5.7% lower against the dollar and now trades at $0.0813 or 0.00000147 BTC.
• Cosmos (ATOM) traded 11% lower against the dollar and now trades at $5.50 or 0.00009958 BTC.
• Fetch.ai (FET) traded 3.4% lower against the dollar and now trades at $1.17 or 0.00002121 BTC.
• Algorand (ALGO) traded 10.1% lower against the dollar and now trades at $0.12 or 0.00000223 BTC.
• Akash Network (AKT) traded 4.3% lower against the dollar and now trades at $3.02 or 0.00005470 BTC.
• Theta Fuel (TFUEL) traded down 8.8% against the dollar and now trades at $0.0609 or 0.00000110 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,959,034,201 coins and its circulating supply is 5,580,104,158 coins. TerraClassicUSD’s official website is terra.money. 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.

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 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 Changelly, GDAX 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