TerraClassicUSD (USTC) Market Cap Reaches $121.46 Million

The dollar fell 4.9% in the 24-hour period ending at 21:01 PM ET on the 7th of June. On cryptocurrency exchanges, one TerraClassicUSD coin is now available for $0.0124 (or 0.00000047 BTC). TerraClassicUSD's value against the U.S. Dollar has fallen 7.8% over the past seven days. TerraClassicUSD's total market cap is $121.46 millions and TerraClassicUSD worth $9.42million was traded in the last trading day.

See how similar cryptocurrencies performed in the past day.

Avalanche (AVAX), which trades for $14.05, or 0.00053156 BTC, is down 3.6% against the dollar.

Cosmos (ATOM), which is a cryptocurrency, traded 6.6% lower than the dollar. It now trades for $9.43 or about 0.00035673 BTC.

Internet Computer (ICP), which trades for $4.20, or 0.00015898 BTC, has fallen 4.1% in value against the dollar.

Hedera (HBAR), which is a cryptocurrency, has traded at $0.0483 per dollar or 0.00000183 BTC. This is a 2.3% decline.

Cronos (CRO), which is currently trading at $0.0586, or 0.00000222 BTC, has traded 1.6% lower than the dollar.

NEAR Protocol (NEAR), which trades for $1.42, or 0.00005356 BTC, is now 6.6% lower than the dollar.

Algorand's (ALGO), which is currently trading at $0.13, or 0.00000474 BTC, has fallen 8% in value against the dollar.

Kava (KAVA), which is currently trading at $0.98, or 0.00003715 BTC, has fallen 11.3% in value against the dollar.

Theta Fuel (TFUEL), which is currently trading at $0.0381, or 0.00000144 BTC, has traded down 4.3% against the dollar.

Fetch.ai, or FET, traded at $0.23 (0.00000864 BTC) after falling 6% in value against the dollar.

It uses the hashing algorithms. It was launched on 24th April 2019. TerraClassicUSD has a total supply of 9,799 710 976 coins. Its circulating supply is also 9,795,721,488. TerraClassicUSD’s official messageboard is
medium.com/terra-money
.

CryptoCompare states that TerraClassicUSD is a digital currency built on Terra's blockchain, and was created as a result of TerraUSD being de-pegged from the US dollar. USTC was designed to give users a digital currency that is tied to a basket, such as the US Dollar or other stablecoins. Terraform Labs issues and manages USTC, which is a simple and secure method of transferring value within the Terra Network. Early in May 2022 the Terra LUNA tokens, as well as the UST tokens, began to fall, resulting in the demise of the Terra network and both tokens. Terraform Labs exchanged users' UST tokens for USTC tokens and increased market liquidity to protect users.

TerraClassicUSD Coins Trading

TerraClassicUSD is not usually available to buy directly with US dollars. Investors who want to trade TerraClassicUSD first need to purchase Bitcoin or Ethereum on an exchange dealing in US Dollars such as Gemini Changelly GDAX. MarketBeat.com’s FREE CryptoBeat Newsletter
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