TerraClassicUSD Price Up 5.2% Over Last Week (USTC)

TerraClassicUSD (USTC) traded up 3.9% against the dollar during the 1-day period ending at 19:00 PM Eastern on October 21st. One TerraClassicUSD coin can currently be purchased for approximately $0.0230 or 0.00000034 BTC on popular cryptocurrency exchanges. Over the last seven days, TerraClassicUSD has traded 5.2% higher against the dollar. TerraClassicUSD has a total market capitalization of $134.17 million and approximately $69.00 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 4% lower against the dollar and now trades at $27.79 or 0.00041216 BTC.
• NEAR Protocol (NEAR) traded 4.1% lower against the dollar and now trades at $4.78 or 0.00007088 BTC.
• Internet Computer (ICP) traded down 4.4% against the dollar and now trades at $7.99 or 0.00011844 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0777 or 0.00000115 BTC.
• Hedera (HBAR) traded 5.1% lower against the dollar and now trades at $0.0531 or 0.00000079 BTC.
• Cosmos (ATOM) traded up 4.7% against the dollar and now trades at $4.90 or 0.00007273 BTC.
• Fetch.ai (FET) traded down 5.3% against the dollar and now trades at $1.39 or 0.00002056 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.13 or 0.00000187 BTC.
• Akash Network (AKT) traded down 4.6% against the dollar and now trades at $2.49 or 0.00003679 BTC.
• Theta Fuel (TFUEL) traded 3.1% lower against the dollar and now trades at $0.0613 or 0.00000091 BTC.

TerraClassicUSD Profile

TerraClassicUSD (USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 8,143,277,768 coins and its circulating supply is 5,829,938,692 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website is terraclassic.co.uk. The official message board for TerraClassicUSD 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 possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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