Terra Classic (LUNC) Price Down 2.3% This Week

Terra Classic (LUNC) traded down 4.8% against the dollar during the 1 day period ending at 19:00 PM Eastern on October 23rd. In the last seven days, Terra Classic has traded 2.3% lower against the dollar. Terra Classic has a total market capitalization of $508.57 million and approximately $18.24 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges.

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

• TRON (TRX) traded down 0.2% against the dollar and now trades at $0.16 or 0.00000241 BTC.
• Tezos (XTZ) traded down 4% against the dollar and now trades at $0.66 or 0.00000994 BTC.
• aelf (ELF) traded 2.3% lower against the dollar and now trades at $0.37 or 0.00000552 BTC.
• Terra (LUNA) traded 4.9% lower against the dollar and now trades at $0.36 or 0.00000547 BTC.
• GXChain (GXC) traded 0.9% lower against the dollar and now trades at $0.36 or 0.00000547 BTC.
• Adshares (ADS) traded 2.2% lower against the dollar and now trades at $0.22 or 0.00000333 BTC.
• BitShares (BTS) traded 0.4% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,707,988,161,178 coins. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is terraclassic.co.uk. Terra Classic’s official message board is medium.com/terra-money. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here.

According to CryptoCompare, “LUNC, previously Luna, is the original token of the Terra blockchain, renamed Terra Classic after governance proposal 1623 by the Terra community, following the UST depegging event. This original chain, with disabled market swaps (mint/burn function), is represented by LUNC. It serves as the native staking asset in the Terra Classic network, securing its Proof of Stake (PoS) system and facilitating governance participation. Despite the creation of a new Terra chain, LUNC remains functional within the Terra Classic ecosystem, acting as collateral for its stablecoins and earning transaction fee rewards. The development of LUNC, as part of the broader Terra blockchain ecosystem, was heavily influenced by the Terra community, especially post-UST depegging, through key governance decisions and rebranding initiatives. Terra, the ecosystem’s founding platform, was co-created by Do Kwon and Daniel Shin, marking a significant collaboration in the cryptocurrency world.”

Terra Classic Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView