TerraClassicUSD Self Reported Market Cap Reaches $30.52 Million (USTC)

TerraClassicUSD (USTC) traded up 2.6% against the dollar during the 1 day period ending at 10:00 AM Eastern on April 22nd. TerraClassicUSD has a total market cap of $30.52 million and approximately $2.55 million worth of TerraClassicUSD was traded on exchanges in the last day. Over the last seven days, TerraClassicUSD has traded 8.4% higher against the dollar. One TerraClassicUSD coin can now be purchased for approximately $0.0055 or 0.00000007 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Cronos (CRO) traded 1.4% higher against the dollar and now trades at $0.0710 or 0.00000090 BTC.
• Avalanche (AVAX) traded up 1.8% against the dollar and now trades at $9.55 or 0.00012119 BTC.
• Hedera (HBAR) traded 1.3% higher against the dollar and now trades at $0.0914 or 0.00000116 BTC.
• NEAR Protocol (NEAR) traded up 3.8% against the dollar and now trades at $1.42 or 0.00001801 BTC.
• Internet Computer (ICP) traded up 3.6% against the dollar and now trades at $2.55 or 0.00003230 BTC.
• Cosmos (ATOM) traded 4.7% higher against the dollar and now trades at $1.88 or 0.00002386 BTC.
• Algorand (ALGO) traded up 0.4% against the dollar and now trades at $0.10 or 0.00000133 BTC.
• Fetch.ai (FET) traded 1.4% higher against the dollar and now trades at $0.21 or 0.00000272 BTC.
• Akash Network (AKT) traded 4.1% higher against the dollar and now trades at $0.48 or 0.00000611 BTC.
• PayProtocol Paycoin (PCI) traded up 0.7% against the dollar and now trades at $0.0516 or 0.00000066 BTC.

About TerraClassicUSD

TerraClassicUSD (USTC) uses the hashing algorithm. It was first traded on April 24th, 2019. TerraClassicUSD’s total supply is 6,081,132,182 coins and its circulating supply is 5,554,306,306 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. The official website for TerraClassicUSD is www.terra-classic.io.

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 US dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView