Terra Classic (LUNC) Trading 2.4% Higher This Week

Terra Classic (LUNC) traded 0.2% lower against the dollar during the 1 day period ending at 12:00 PM Eastern on October 22nd. Terra Classic has a market cap of $528.38 million and approximately $46.54 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major exchanges. Over the last week, Terra Classic has traded up 2.4% against the dollar.

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

• TRON (TRX) traded 1.3% higher against the dollar and now trades at $0.16 or 0.00000239 BTC.
• Tezos (XTZ) traded 1.1% lower against the dollar and now trades at $0.68 or 0.00001016 BTC.
• aelf (ELF) traded 1.5% lower against the dollar and now trades at $0.37 or 0.00000554 BTC.
• Terra (LUNA) traded up 0.1% against the dollar and now trades at $0.38 or 0.00000565 BTC.
• GXChain (GXC) traded up 3.4% against the dollar and now trades at $0.36 or 0.00000530 BTC.
• Adshares (ADS) traded up 1.1% against the dollar and now trades at $0.23 or 0.00000338 BTC.
• BitShares (BTS) traded down 2% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Classic 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 5,708,596,679,609 coins. Terra Classic’s official website is terraclassic.co.uk. 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. 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 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView