TerraClassicUSD (USTC) Price Tops $0.0050 on Exchanges

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

Here is how other cryptocurrencies have performed during 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 up 2.6% against the dollar and now trades at $0.0706 or 0.00000111 BTC.
• Avalanche (AVAX) traded up 5.6% 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 up 6.9% against the dollar and now trades at $1.37 or 0.00002139 BTC.
• Fetch.ai (FET) traded up 4.1% 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.

TerraClassicUSD Profile

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 message board is medium.com/terra-money. The official website for TerraClassicUSD is www.terra-classic.io.

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 presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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