TerraClassicUSD Price Hits $0.0133 on Exchanges (USTC)

TerraClassicUSD (USTC) traded down 2.6% against the dollar during the 1-day period ending at 7:00 AM E.T. on August 29th. One TerraClassicUSD coin can now be bought for approximately $0.0133 or 0.00000012 BTC on exchanges. Over the last seven days, TerraClassicUSD has traded down 1.2% against the dollar. TerraClassicUSD has a total market capitalization of $73.60 million and approximately $4.92 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Cronos (CRO) traded down 14.4% against the dollar and now trades at $0.30 or 0.00000274 BTC.
• Avalanche (AVAX) traded down 2.8% against the dollar and now trades at $23.78 or 0.00021640 BTC.
• Hedera (HBAR) traded down 4.6% against the dollar and now trades at $0.23 or 0.00000208 BTC.
• NEAR Protocol (NEAR) traded down 3.4% against the dollar and now trades at $2.43 or 0.00002213 BTC.
• Internet Computer (ICP) traded 3% lower against the dollar and now trades at $4.91 or 0.00004466 BTC.
• Cosmos (ATOM) traded up 0.4% against the dollar and now trades at $4.59 or 0.00004178 BTC.
• Algorand (ALGO) traded 5.8% lower against the dollar and now trades at $0.24 or 0.00000216 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $0.62 or 0.00000566 BTC.
• Kava (KAVA) traded 0.3% higher against the dollar and now trades at $0.38 or 0.00000341 BTC.
• Akash Network (AKT) traded 2.8% lower against the dollar and now trades at $1.16 or 0.00001057 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 6,093,495,785 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.money. 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 possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView