Terra Classic (LUNC) Trading Up 3.4% Over Last Week

Terra Classic (LUNC) traded down 0.7% against the US dollar during the 1-day period ending at 12:00 PM Eastern on October 30th. Terra Classic has a market capitalization of $527.34 million and $26.77 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. During the last week, Terra Classic has traded 3.4% higher against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • TRON (TRX) traded 2% higher against the dollar and now trades at $0.17 or 0.00000235 BTC.
  • Tezos (XTZ) traded down 1.3% against the dollar and now trades at $0.67 or 0.00000926 BTC.
  • aelf (ELF) traded down 0.3% against the dollar and now trades at $0.36 or 0.00000501 BTC.
  • Terra (LUNA) traded up 0.2% against the dollar and now trades at $0.35 or 0.00000486 BTC.
  • GXChain (GXC) traded 6.3% lower against the dollar and now trades at $0.36 or 0.00000497 BTC.
  • Adshares (ADS) traded down 3.2% against the dollar and now trades at $0.22 or 0.00000310 BTC.
  • BitShares (BTS) traded 1.4% higher against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,710,615,374,507 coins. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is terraclassic.co.uk. 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 US dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the aforementioned exchanges.

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