TerraClassicUSD Market Cap Hits $98.74 Million (USTC)

TerraClassicUSD (USTC) traded 4.2% lower against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on February 14th. One TerraClassicUSD coin can now be purchased for about $0.0178 or 0.00000018 BTC on popular exchanges. TerraClassicUSD has a market capitalization of $98.74 million and $22.08 million worth of TerraClassicUSD was traded on exchanges in the last day. During the last seven days, TerraClassicUSD has traded up 64.1% against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 2.7% against the dollar and now trades at $26.24 or 0.00027186 BTC.
• Hedera (HBAR) traded 4% higher against the dollar and now trades at $0.23 or 0.00000240 BTC.
• NEAR Protocol (NEAR) traded up 5.5% against the dollar and now trades at $3.50 or 0.00003625 BTC.
• Internet Computer (ICP) traded 1.9% higher against the dollar and now trades at $7.20 or 0.00007462 BTC.
• Algorand (ALGO) traded up 2.8% against the dollar and now trades at $0.30 or 0.00000309 BTC.
• Cronos (CRO) traded 0.4% lower against the dollar and now trades at $0.0909 or 0.00000094 BTC.
• Fetch.ai (FET) traded up 4.1% against the dollar and now trades at $0.81 or 0.00000835 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $4.91 or 0.00005090 BTC.
• Kava (KAVA) traded up 0.6% against the dollar and now trades at $0.48 or 0.00000502 BTC.
• Akash Network (AKT) traded 0.2% higher against the dollar and now trades at $1.92 or 0.00001971 BTC.

About TerraClassicUSD

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 7,872,865,158 coins and its circulating supply is 5,558,369,849 coins. TerraClassicUSD’s official website is commonwealth.im/terra-luna-classic-lunc. 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.

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 US dollars. Investors seeking to acquire TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView