Terra Classic Price Tops $0.0001 on Major Exchanges (LUNC)

Terra Classic (LUNC) traded down 3.1% against the dollar during the 24 hour period ending at 22:00 PM E.T. on July 31st. During the last week, Terra Classic has traded down 2.6% against the dollar. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a total market cap of $426.04 million and approximately $11.34 million worth of Terra Classic was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 1.7% lower against the dollar and now trades at $0.13 or 0.00000201 BTC.
• Tezos (XTZ) traded down 3.1% against the dollar and now trades at $0.73 or 0.00001140 BTC.
• Terra (LUNA) traded down 4.1% against the dollar and now trades at $0.38 or 0.00000593 BTC.
• aelf (ELF) traded 3.1% lower against the dollar and now trades at $0.37 or 0.00000579 BTC.
• GXChain (GXC) traded 7% lower against the dollar and now trades at $0.38 or 0.00000595 BTC.
• Adshares (ADS) traded down 10% against the dollar and now trades at $0.27 or 0.00000422 BTC.
• BitShares (BTS) traded 2.2% lower against the dollar and now trades at $0.0021 or 0.00000003 BTC.

Terra Classic Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,438,344,607,813 coins. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is 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 message board for Terra Classic is medium.com/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.”

Buying and Selling Terra Classic

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

LUNC/USD price chart by TradingView