TerraClassicUSD 24-Hour Trading Volume Reaches $22.89 Million (USTC)

TerraClassicUSD (USTC) traded 3.9% higher against the US dollar during the 1 day period ending at 0:00 AM E.T. on April 19th. One TerraClassicUSD coin can currently be purchased for $0.0175 or 0.00000027 BTC on major exchanges. TerraClassicUSD has a market capitalization of $156.81 million and approximately $22.89 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. In the last week, TerraClassicUSD has traded 9.6% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 3.5% higher against the dollar and now trades at $35.21 or 0.00055096 BTC.
• Internet Computer (ICP) traded 13.9% higher against the dollar and now trades at $14.38 or 0.00022493 BTC.
• NEAR Protocol (NEAR) traded 1.7% higher against the dollar and now trades at $5.65 or 0.00008838 BTC.
• Cronos (CRO) traded 3.2% higher against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Cosmos (ATOM) traded 2.1% higher against the dollar and now trades at $8.23 or 0.00012876 BTC.
• Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.0806 or 0.00000126 BTC.
• Fetch.ai (FET) traded 7.3% higher against the dollar and now trades at $2.15 or 0.00003358 BTC.
• Algorand (ALGO) traded 4.7% higher against the dollar and now trades at $0.18 or 0.00000276 BTC.
• Akash Network (AKT) traded down 1.8% against the dollar and now trades at $3.82 or 0.00006008 BTC.
• Kava (KAVA) traded 1.9% higher against the dollar and now trades at $0.67 or 0.00001050 BTC.

About TerraClassicUSD

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,962,239,422 coins and its circulating supply is 8,950,421,364 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official website 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 currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, 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