Terra Classic Price Down 3.8% Over Last Week (LUNC)

Terra Classic (LUNC) traded down 4.5% against the dollar during the 24 hour period ending at 9:00 AM ET on October 26th. Terra Classic has a total market capitalization of $499.60 million and approximately $41.04 million worth of Terra Classic was traded on exchanges in the last day. In the last week, Terra Classic has traded 3.8% lower against the dollar. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on exchanges.

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

• TRON (TRX) traded 1.1% lower against the dollar and now trades at $0.16 or 0.00000246 BTC.
• Tezos (XTZ) traded down 5.3% against the dollar and now trades at $0.63 or 0.00000942 BTC.
• aelf (ELF) traded down 3.4% against the dollar and now trades at $0.35 or 0.00000521 BTC.
• Terra (LUNA) traded down 8.2% against the dollar and now trades at $0.33 or 0.00000496 BTC.
• GXChain (GXC) traded 0.5% higher against the dollar and now trades at $0.35 or 0.00000521 BTC.
• Adshares (ADS) traded 1.5% lower against the dollar and now trades at $0.22 or 0.00000328 BTC.
• BitShares (BTS) traded down 4.2% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,708,410,718,416 coins. Terra Classic’s official Twitter account is @terra_money. 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. The official website for Terra Classic is terraclassic.co.uk.

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.”

Buying and Selling Terra Classic

It is usually not possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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