Terra Classic (LUNC) Trading Down 9.8% Over Last Week

Terra Classic (LUNC) traded up 0.9% against the U.S. dollar during the 24 hour period ending at 17:00 PM Eastern on June 27th. During the last seven days, Terra Classic has traded down 9.8% against the U.S. dollar. Terra Classic has a total market cap of $452.32 million and $23.87 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 0.5% lower against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Tezos (XTZ) traded 0.1% higher against the dollar and now trades at $0.78 or 0.00001265 BTC.
• Terra (LUNA) traded 1% higher against the dollar and now trades at $0.43 or 0.00000702 BTC.
• aelf (ELF) traded 0.1% lower against the dollar and now trades at $0.36 or 0.00000584 BTC.
• GXChain (GXC) traded 4.6% lower against the dollar and now trades at $0.34 or 0.00000561 BTC.
• Adshares (ADS) traded 1.4% lower against the dollar and now trades at $0.40 or 0.00000658 BTC.
• BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.

Terra Classic Profile

Terra Classic (CRYPTO:LUNC) 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 5,490,440,095,775 coins. Terra Classic’s official website is terra.money. The official message board for Terra Classic 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. Terra Classic’s official Twitter account is @terra_money.

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 purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView