TerraClassicUSD (USTC) Price Reaches $0.0128 on Major Exchanges

TerraClassicUSD (USTC) traded 0.2% higher against the US dollar during the one day period ending at 11:00 AM E.T. on March 6th. One TerraClassicUSD coin can now be purchased for $0.0128 or 0.00000014 BTC on exchanges. Over the last seven days, TerraClassicUSD has traded down 13.8% against the US dollar. TerraClassicUSD has a market capitalization of $70.90 million and approximately $4.14 million worth of TerraClassicUSD was traded on exchanges in the last day.

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

• Hedera (HBAR) traded 1.3% lower against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Avalanche (AVAX) traded up 7.4% against the dollar and now trades at $21.73 or 0.00024080 BTC.
• NEAR Protocol (NEAR) traded 14.1% higher against the dollar and now trades at $3.22 or 0.00003570 BTC.
• Internet Computer (ICP) traded 3.2% higher against the dollar and now trades at $6.26 or 0.00006933 BTC.
• Cronos (CRO) traded up 17.5% against the dollar and now trades at $0.0899 or 0.00000100 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.25 or 0.00000274 BTC.
• Cosmos (ATOM) traded 4.9% higher against the dollar and now trades at $4.37 or 0.00004846 BTC.
• Fetch.ai (FET) traded 9.6% higher against the dollar and now trades at $0.65 or 0.00000716 BTC.
• Kava (KAVA) traded up 2.6% against the dollar and now trades at $0.45 or 0.00000498 BTC.
• Akash Network (AKT) traded 1.7% higher against the dollar and now trades at $1.40 or 0.00001553 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 7,869,843,260 coins and its circulating supply is 5,554,963,102 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is commonwealth.im/terra-luna-classic-lunc. 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 currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView