TerraClassicUSD Market Capitalization Reaches $113.34 Million (USTC)

TerraClassicUSD (USTC) traded down 8.7% against the US dollar during the 24 hour period ending at 14:00 PM E.T. on November 3rd. One TerraClassicUSD coin can now be bought for about $0.0194 or 0.00000029 BTC on cryptocurrency exchanges. During the last week, TerraClassicUSD has traded down 9.4% against the US dollar. TerraClassicUSD has a total market cap of $113.34 million and approximately $16.02 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 4.8% against the dollar and now trades at $22.93 or 0.00033742 BTC.
• NEAR Protocol (NEAR) traded 8.2% lower against the dollar and now trades at $3.56 or 0.00005243 BTC.
• Internet Computer (ICP) traded 7.1% lower against the dollar and now trades at $7.00 or 0.00010299 BTC.
• Fetch.ai (FET) traded down 7.3% against the dollar and now trades at $1.10 or 0.00001615 BTC.
• Cronos (CRO) traded down 2.2% against the dollar and now trades at $0.0706 or 0.00000104 BTC.
• Hedera (HBAR) traded down 6.5% against the dollar and now trades at $0.0419 or 0.00000062 BTC.
• Cosmos (ATOM) traded down 4.2% against the dollar and now trades at $3.90 or 0.00005737 BTC.
• Algorand (ALGO) traded down 6.8% against the dollar and now trades at $0.11 or 0.00000156 BTC.
• Akash Network (AKT) traded 3.1% lower against the dollar and now trades at $2.19 or 0.00003216 BTC.
• Theta Fuel (TFUEL) traded 6.1% lower against the dollar and now trades at $0.0479 or 0.00000070 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,142,774,621 coins and its circulating supply is 5,829,354,610 coins. TerraClassicUSD’s official website is terraclassic.co.uk. TerraClassicUSD’s official message board is medium.com/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 possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView