TerraClassicUSD (USTC) Price Reaches $0.0128 on Major Exchanges

TerraClassicUSD (USTC) traded 0.2% higher against the US dollar during the 1-day period ending at 11:00 AM Eastern on March 6th. During the last seven days, TerraClassicUSD has traded down 13.8% against the US dollar. TerraClassicUSD has a market capitalization of $70.90 million and $4.14 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. One TerraClassicUSD coin can currently be purchased for about $0.0128 or 0.00000014 BTC on popular cryptocurrency exchanges.

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

• Hedera (HBAR) traded 1.3% lower against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Avalanche (AVAX) traded 7.4% higher against the dollar and now trades at $21.73 or 0.00024080 BTC.
• NEAR Protocol (NEAR) traded up 14.1% against the dollar and now trades at $3.22 or 0.00003570 BTC.
• Internet Computer (ICP) traded 3.2% higher against the dollar and now trades at $6.26 or 0.00006933 BTC.
• Cronos (CRO) traded 17.5% higher against the dollar and now trades at $0.0899 or 0.00000100 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.25 or 0.00000274 BTC.
• Cosmos (ATOM) traded 4.9% higher against the dollar and now trades at $4.37 or 0.00004846 BTC.
• Fetch.ai (FET) traded up 9.6% against the dollar and now trades at $0.65 or 0.00000716 BTC.
• Kava (KAVA) traded 2.6% higher against the dollar and now trades at $0.45 or 0.00000498 BTC.
• Akash Network (AKT) traded up 1.7% against the dollar and now trades at $1.40 or 0.00001553 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 7,869,843,260 coins and its circulating supply is 5,554,963,102 coins. The official message board for TerraClassicUSD is medium.com/terra-money. The official website for TerraClassicUSD is commonwealth.im/terra-luna-classic-lunc. 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 presently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView