Terra Classic Reaches 24-Hour Volume of $13.66 Million (LUNC)

Terra Classic (LUNC) traded up 1.8% against the U.S. dollar during the 24-hour period ending at 23:00 PM E.T. on October 12th. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. In the last seven days, Terra Classic has traded 0.6% higher against the U.S. dollar. Terra Classic has a market cap of $510.89 million and $13.66 million worth of Terra Classic was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

  • TRON (TRX) traded 1.9% higher against the dollar and now trades at $0.16 or 0.00000258 BTC.
  • Tezos (XTZ) traded up 0.3% against the dollar and now trades at $0.69 or 0.00001101 BTC.
  • aelf (ELF) traded 0.3% higher against the dollar and now trades at $0.38 or 0.00000602 BTC.
  • Terra (LUNA) traded up 0.2% against the dollar and now trades at $0.36 or 0.00000577 BTC.
  • GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00000528 BTC.
  • Adshares (ADS) traded 1% lower against the dollar and now trades at $0.20 or 0.00000324 BTC.
  • BitShares (BTS) traded 2.3% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Terra Classic Profile

Terra Classic 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 5,710,635,304,222 coins. 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 website is terraclassic.co.uk. Terra Classic’s official message board is medium.com/terra-money. 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.”

Buying and Selling Terra Classic

It is usually not presently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

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