TerraClassicUSD Price Down 4.6% This Week (USTC)

TerraClassicUSD (USTC) traded up 0.8% against the US dollar during the 24 hour period ending at 10:00 AM E.T. on November 18th. One TerraClassicUSD coin can now be bought for about $0.0234 or 0.00000026 BTC on cryptocurrency exchanges. During the last week, TerraClassicUSD has traded down 4.6% against the US dollar. TerraClassicUSD has a total market cap of $130.37 million and approximately $19.61 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 4.6% against the dollar and now trades at $34.94 or 0.00038625 BTC.
• NEAR Protocol (NEAR) traded 0.3% lower against the dollar and now trades at $5.89 or 0.00006516 BTC.
• Cronos (CRO) traded 9.9% higher against the dollar and now trades at $0.17 or 0.00000192 BTC.
• Hedera (HBAR) traded up 37.9% against the dollar and now trades at $0.12 or 0.00000133 BTC.
• Internet Computer (ICP) traded down 2.2% against the dollar and now trades at $9.21 or 0.00010183 BTC.
• Fetch.ai (FET) traded up 1.4% against the dollar and now trades at $1.30 or 0.00001436 BTC.
• Cosmos (ATOM) traded up 6.9% against the dollar and now trades at $6.19 or 0.00006845 BTC.
• Algorand (ALGO) traded up 11.6% against the dollar and now trades at $0.21 or 0.00000235 BTC.
• Akash Network (AKT) traded 14.4% higher against the dollar and now trades at $3.77 or 0.00004176 BTC.
• Kava (KAVA) traded 1.2% higher against the dollar and now trades at $0.46 or 0.00000513 BTC.

TerraClassicUSD Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 7,878,024,347 coins and its circulating supply is 5,564,294,504 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. TerraClassicUSD’s official website is terraclassic.co.uk.

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 buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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