TerraClassicUSD (USTC) 24 Hour Trading Volume Tops $20.98 Million

TerraClassicUSD (USTC) traded down 1.2% against the dollar during the 24 hour period ending at 21:00 PM E.T. on November 4th. TerraClassicUSD has a total market capitalization of $111.47 million and $20.98 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can now be bought for about $0.0200 or 0.00000030 BTC on exchanges. During the last week, TerraClassicUSD has traded 9.4% lower against the dollar.

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

• Avalanche (AVAX) traded 4.4% lower against the dollar and now trades at $22.75 or 0.00033551 BTC.
• NEAR Protocol (NEAR) traded 2.8% lower against the dollar and now trades at $3.63 or 0.00005348 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $7.05 or 0.00010396 BTC.
• Fetch.ai (FET) traded 2.4% lower against the dollar and now trades at $1.13 or 0.00001664 BTC.
• Cronos (CRO) traded down 1.3% against the dollar and now trades at $0.0708 or 0.00000104 BTC.
• Hedera (HBAR) traded down 1.1% against the dollar and now trades at $0.0428 or 0.00000063 BTC.
• Cosmos (ATOM) traded down 1.4% against the dollar and now trades at $3.95 or 0.00005820 BTC.
• Algorand (ALGO) traded down 0.3% against the dollar and now trades at $0.11 or 0.00000163 BTC.
• Akash Network (AKT) traded 4.6% lower against the dollar and now trades at $2.17 or 0.00003192 BTC.
• Theta Fuel (TFUEL) traded 4.7% lower against the dollar and now trades at $0.0485 or 0.00000071 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 7,878,388,488 coins and its circulating supply is 5,564,734,701 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official message board is medium.com/terra-money. The official website for TerraClassicUSD is terraclassic.co.uk.

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 U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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