TerraClassicUSD (USTC) Hits 24-Hour Trading Volume of $22.30 Million

TerraClassicUSD (USTC) traded down 0.8% against the U.S. dollar during the 1-day period ending at 10:00 AM ET on December 28th. During the last seven days, TerraClassicUSD has traded up 8% against the U.S. dollar. TerraClassicUSD has a total market capitalization of $113.24 million and $22.30 million worth of TerraClassicUSD was traded on exchanges in the last day. One TerraClassicUSD coin can now be purchased for about $0.0204 or 0.00000022 BTC on exchanges.

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

• Avalanche (AVAX) traded 1.4% higher against the dollar and now trades at $37.28 or 0.00039406 BTC.
• Hedera (HBAR) traded 0.8% higher against the dollar and now trades at $0.28 or 0.00000296 BTC.
• NEAR Protocol (NEAR) traded up 3.4% against the dollar and now trades at $5.23 or 0.00005534 BTC.
• Internet Computer (ICP) traded 1.6% higher against the dollar and now trades at $10.40 or 0.00010999 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.15 or 0.00000157 BTC.
• Fetch.ai (FET) traded 3.4% higher against the dollar and now trades at $1.35 or 0.00001422 BTC.
• Algorand (ALGO) traded up 0.3% against the dollar and now trades at $0.34 or 0.00000357 BTC.
• Cosmos (ATOM) traded 1.2% higher against the dollar and now trades at $6.54 or 0.00006910 BTC.
• Akash Network (AKT) traded up 0.1% against the dollar and now trades at $3.04 or 0.00003223 BTC.
• Kava (KAVA) traded 3.7% higher against the dollar and now trades at $0.47 or 0.00000502 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 7,876,307,117 coins and its circulating supply is 5,562,291,134 coins. The official website for TerraClassicUSD is terraclassic.co.uk. TerraClassicUSD’s official message board is medium.com/terra-money. 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.”

Buying and Selling TerraClassicUSD

It is usually not currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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