TerraClassicUSD (USTC) 24-Hour Volume Reaches $32.02 Million

TerraClassicUSD (USTC) traded up 12.9% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM E.T. on October 21st. In the last seven days, TerraClassicUSD has traded 15.5% higher against the U.S. dollar. TerraClassicUSD has a market capitalization of $144.87 million and approximately $32.02 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for approximately $0.0248 or 0.00000037 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 2.9% lower against the dollar and now trades at $27.50 or 0.00041048 BTC.
• NEAR Protocol (NEAR) traded down 2.8% against the dollar and now trades at $4.77 or 0.00007123 BTC.
• Internet Computer (ICP) traded 4.5% lower against the dollar and now trades at $7.92 or 0.00011818 BTC.
• Cronos (CRO) traded down 1.3% against the dollar and now trades at $0.0776 or 0.00000116 BTC.
• Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.0536 or 0.00000080 BTC.
• Cosmos (ATOM) traded up 3.8% against the dollar and now trades at $4.82 or 0.00007191 BTC.
• Fetch.ai (FET) traded 5.4% lower against the dollar and now trades at $1.38 or 0.00002055 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.13 or 0.00000188 BTC.
• Akash Network (AKT) traded down 2.6% against the dollar and now trades at $2.48 or 0.00003698 BTC.
• Theta Fuel (TFUEL) traded down 2.6% against the dollar and now trades at $0.0611 or 0.00000091 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,143,303,902 coins and its circulating supply is 5,829,969,398 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terraclassic.co.uk. 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 US dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView