TerraClassicUSD Market Capitalization Achieves $199.79 Million (USTC)

TerraClassicUSD (USTC) traded up 5.3% against the U.S. dollar during the one day period ending at 22:00 PM E.T. on May 9th. One TerraClassicUSD coin can now be purchased for $0.0223 or 0.00000036 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a total market cap of $199.79 million and approximately $36.72 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. In the last week, TerraClassicUSD has traded 14.3% higher against the U.S. dollar.

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

• Avalanche (AVAX) traded up 2.7% against the dollar and now trades at $35.21 or 0.00056071 BTC.
• NEAR Protocol (NEAR) traded up 7% against the dollar and now trades at $7.51 or 0.00011953 BTC.
• Internet Computer (ICP) traded up 1.6% against the dollar and now trades at $12.22 or 0.00019461 BTC.
• Hedera (HBAR) traded 3.1% higher against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $9.12 or 0.00014518 BTC.
• Cronos (CRO) traded up 1.4% against the dollar and now trades at $0.13 or 0.00000203 BTC.
• Fetch.ai (FET) traded up 5.3% against the dollar and now trades at $2.29 or 0.00003644 BTC.
• Algorand (ALGO) traded up 3% against the dollar and now trades at $0.19 or 0.00000309 BTC.
• Akash Network (AKT) traded up 28.5% against the dollar and now trades at $5.49 or 0.00008686 BTC.
• Kava (KAVA) traded up 2.1% against the dollar and now trades at $0.67 or 0.00001069 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,961,356,290 coins and its circulating supply is 8,949,380,004 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official website is 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 currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to acquire TerraClassicUSD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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