TerraClassicUSD Price Tops $0.0188 on Top Exchanges (USTC)

TerraClassicUSD (USTC) traded down 1.4% against the US dollar during the 24 hour period ending at 14:00 PM Eastern on April 27th. One TerraClassicUSD coin can currently be purchased for $0.0188 or 0.00000030 BTC on popular exchanges. TerraClassicUSD has a total market cap of $168.37 million and $22.43 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded down 14.5% against the US dollar.

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

• Avalanche (AVAX) traded 1.2% lower against the dollar and now trades at $34.62 or 0.00054663 BTC.
• NEAR Protocol (NEAR) traded 6.6% higher against the dollar and now trades at $7.48 or 0.00011814 BTC.
• Internet Computer (ICP) traded down 0.3% against the dollar and now trades at $13.30 or 0.00020992 BTC.
• Hedera (HBAR) traded down 3% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded up 0.7% against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $8.39 or 0.00013251 BTC.
• Fetch.ai (FET) traded down 1.4% against the dollar and now trades at $2.17 or 0.00003425 BTC.
• Algorand (ALGO) traded down 0% against the dollar and now trades at $0.20 or 0.00000315 BTC.
• Akash Network (AKT) traded 4.6% lower against the dollar and now trades at $4.42 or 0.00007007 BTC.
• Kava (KAVA) traded 2.4% lower against the dollar and now trades at $0.69 or 0.00001096 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,961,908,836 coins and its circulating supply is 8,950,024,778 coins. TerraClassicUSD’s official message board is medium.com/terra-money. The official website for TerraClassicUSD is 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView