Terra Classic (LUNC) Price Up 20.1% This Week

Terra Classic (LUNC) traded 21.5% higher against the U.S. dollar during the one day period ending at 23:00 PM ET on August 10th. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a total market cap of $465.73 million and $86.43 million worth of Terra Classic was traded on exchanges in the last 24 hours. Over the last seven days, Terra Classic has traded 20.1% higher against the U.S. dollar.

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

• TRON (TRX) traded 0.2% higher against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Tezos (XTZ) traded 0.8% higher against the dollar and now trades at $0.69 or 0.00001126 BTC.
• aelf (ELF) traded down 1% against the dollar and now trades at $0.40 or 0.00000651 BTC.
• Terra (LUNA) traded up 7.8% against the dollar and now trades at $0.35 or 0.00000575 BTC.
• GXChain (GXC) traded 0.1% higher against the dollar and now trades at $0.37 or 0.00000608 BTC.
• Adshares (ADS) traded 1.3% higher against the dollar and now trades at $0.23 or 0.00000380 BTC.
• BitShares (BTS) traded up 4.8% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Classic Coin Profile

Terra Classic (LUNC) 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 5,438,896,708,580 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. Terra Classic’s official message board 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 possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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