TerraClassicUSD (USTC) Tops 24 Hour Volume of $627.48 Thousand

TerraClassicUSD (USTC) traded 0.8% higher against the dollar during the twenty-four hour period ending at 9:00 AM E.T. on August 4th. Over the last week, TerraClassicUSD has traded 1.3% lower against the dollar. One TerraClassicUSD coin can now be bought for $0.0050 or 0.00000008 BTC on major exchanges. TerraClassicUSD has a market capitalization of $27.59 million and approximately $627.48 thousand worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.0545 or 0.00000085 BTC.
• Hedera (HBAR) traded 2.6% higher against the dollar and now trades at $0.0706 or 0.00000111 BTC.
• Avalanche (AVAX) traded 5.6% higher against the dollar and now trades at $6.80 or 0.00010647 BTC.
• NEAR Protocol (NEAR) traded up 1.9% against the dollar and now trades at $1.73 or 0.00002716 BTC.
• Internet Computer (ICP) traded up 1% against the dollar and now trades at $2.09 or 0.00003276 BTC.
• Algorand (ALGO) traded 5% higher against the dollar and now trades at $0.0908 or 0.00000142 BTC.
• Cosmos (ATOM) traded 6.9% higher against the dollar and now trades at $1.37 or 0.00002139 BTC.
• Fetch.ai (FET) traded 4.1% higher against the dollar and now trades at $0.15 or 0.00000228 BTC.
• Akash Network (AKT) traded up 3.1% against the dollar and now trades at $0.50 or 0.00000790 BTC.
• PayProtocol Paycoin (PCI) traded 1.3% higher against the dollar and now trades at $0.0354 or 0.00000055 BTC.

About TerraClassicUSD

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 6,078,412,176 coins and its circulating supply is 5,554,306,306 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is www.terra-classic.io. TerraClassicUSD’s official message board 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 purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView