TerraClassicUSD (USTC) Price Tops $0.0191 on Exchanges

TerraClassicUSD (USTC) traded up 0% against the dollar during the 1-day period ending at 20:00 PM ET on April 29th. TerraClassicUSD has a market capitalization of $170.76 million and approximately $17.60 million worth of TerraClassicUSD was traded on exchanges in the last day. In the last seven days, TerraClassicUSD has traded down 4.9% against the dollar. One TerraClassicUSD coin can currently be bought for approximately $0.0191 or 0.00000030 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 4.2% against the dollar and now trades at $35.45 or 0.00055164 BTC.
• NEAR Protocol (NEAR) traded 3.1% lower against the dollar and now trades at $6.83 or 0.00010621 BTC.
• Internet Computer (ICP) traded 1.1% lower against the dollar and now trades at $13.50 or 0.00021004 BTC.
• Hedera (HBAR) traded down 1.6% against the dollar and now trades at $0.10 or 0.00000161 BTC.
• Cronos (CRO) traded up 2% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Cosmos (ATOM) traded down 0.5% against the dollar and now trades at $8.18 or 0.00012736 BTC.
• Fetch.ai (FET) traded up 0.4% against the dollar and now trades at $2.18 or 0.00003388 BTC.
• Algorand (ALGO) traded down 0.4% against the dollar and now trades at $0.19 or 0.00000298 BTC.
• Akash Network (AKT) traded 0.9% lower against the dollar and now trades at $4.34 or 0.00006799 BTC.
• Kava (KAVA) traded 1% higher against the dollar and now trades at $0.69 or 0.00001078 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,961,862,789 coins and its circulating supply is 8,949,968,579 coins. TerraClassicUSD’s official website is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for TerraClassicUSD 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.”

Buying and Selling TerraClassicUSD

It is usually not currently 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 Changelly. 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