TerraClassicUSD Trading Down 32.5% This Week (USTC)

TerraClassicUSD (USTC) traded up 0.5% against the U.S. dollar during the 1 day period ending at 22:00 PM Eastern on April 16th. TerraClassicUSD has a total market cap of $152.41 million and approximately $21.54 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. During the last week, TerraClassicUSD has traded down 32.5% against the U.S. dollar. One TerraClassicUSD coin can now be bought for approximately $0.0170 or 0.00000027 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 1.1% lower against the dollar and now trades at $34.57 or 0.00054008 BTC.
• NEAR Protocol (NEAR) traded up 5.4% against the dollar and now trades at $5.44 or 0.00008500 BTC.
• Internet Computer (ICP) traded down 1% against the dollar and now trades at $12.20 or 0.00019057 BTC.
• Cronos (CRO) traded down 1% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded up 0.3% against the dollar and now trades at $8.15 or 0.00012730 BTC.
• Hedera (HBAR) traded 0.7% higher against the dollar and now trades at $0.0797 or 0.00000124 BTC.
• Fetch.ai (FET) traded down 0.1% against the dollar and now trades at $2.04 or 0.00003194 BTC.
• Algorand (ALGO) traded up 0.5% against the dollar and now trades at $0.17 or 0.00000270 BTC.
• Akash Network (AKT) traded up 12.2% against the dollar and now trades at $4.00 or 0.00006256 BTC.
• Kava (KAVA) traded down 0.3% against the dollar and now trades at $0.64 or 0.00001002 BTC.

About TerraClassicUSD

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,962,360,733 coins and its circulating supply is 8,950,555,222 coins. The official message board for TerraClassicUSD 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.”

TerraClassicUSD Coin Trading

It is usually not presently 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView