TerraClassicUSD (USTC) Self Reported Market Capitalization Achieves $38.51 Million

TerraClassicUSD (USTC) traded 4.3% lower against the U.S. dollar during the twenty-four hour period ending at 10:00 AM Eastern on January 12th. Over the last seven days, TerraClassicUSD has traded 1.4% higher against the U.S. dollar. One TerraClassicUSD coin can currently be bought for $0.0069 or 0.00000008 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a total market cap of $38.51 million and $2.90 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Cronos (CRO) traded 2% lower against the dollar and now trades at $0.0996 or 0.00000110 BTC.
• Avalanche (AVAX) traded 2.3% lower against the dollar and now trades at $13.61 or 0.00014995 BTC.
• Hedera (HBAR) traded 2.2% lower against the dollar and now trades at $0.12 or 0.00000128 BTC.
• NEAR Protocol (NEAR) traded down 2.6% against the dollar and now trades at $1.67 or 0.00001842 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $3.12 or 0.00003438 BTC.
• Cosmos (ATOM) traded 1.7% lower against the dollar and now trades at $2.57 or 0.00002832 BTC.
• Algorand (ALGO) traded 3.8% lower against the dollar and now trades at $0.13 or 0.00000143 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $0.29 or 0.00000316 BTC.
• Theta Fuel (TFUEL) traded 5.5% lower against the dollar and now trades at $0.0189 or 0.00000021 BTC.
• PayProtocol Paycoin (PCI) traded 2.3% lower against the dollar and now trades at $0.0712 or 0.00000079 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 6,084,942,946 coins and its circulating supply is 5,554,306,306 coins. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official website is www.terra-classic.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 U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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