Terra Classic Price Hits $0.0001 on Exchanges (LUNC)

Terra Classic (LUNC) traded up 1.3% against the U.S. dollar during the 1-day period ending at 19:00 PM ET on September 7th. During the last seven days, Terra Classic has traded down 4.7% against the U.S. dollar. Terra Classic has a total market capitalization of $426.71 million and $6.39 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be purchased for about $0.0001 or 0.00000000 BTC on exchanges.

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

  • TRON (TRX) traded 2.4% higher against the dollar and now trades at $0.15 or 0.00000280 BTC.
  • Tezos (XTZ) traded 1.4% higher against the dollar and now trades at $0.60 or 0.00001119 BTC.
  • aelf (ELF) traded up 0.9% against the dollar and now trades at $0.35 or 0.00000646 BTC.
  • Terra (LUNA) traded 2% higher against the dollar and now trades at $0.32 or 0.00000599 BTC.
  • GXChain (GXC) traded down 5.9% against the dollar and now trades at $0.31 or 0.00000566 BTC.
  • Adshares (ADS) traded 0.4% lower against the dollar and now trades at $0.21 or 0.00000381 BTC.
  • BitShares (BTS) traded down 1.4% against the dollar and now trades at $0.0016 or 0.00000003 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,710,771,695,610 coins. The official website for Terra Classic is terra.money. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official Twitter account 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.

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

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