Terra Classic Price Down 14% This Week (LUNC)

Terra Classic (LUNC) traded 8% higher against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on June 24th. Over the last seven days, Terra Classic has traded down 14% against the U.S. dollar. Terra Classic has a total market cap of $446.61 million and approximately $68.12 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 cryptocurrency exchanges.

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

• TRON (TRX) traded down 0.3% against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Tezos (XTZ) traded 0.3% lower against the dollar and now trades at $0.77 or 0.00001259 BTC.
• Terra (LUNA) traded up 3.3% against the dollar and now trades at $0.42 or 0.00000690 BTC.
• aelf (ELF) traded 4.5% lower against the dollar and now trades at $0.35 or 0.00000574 BTC.
• GXChain (GXC) traded down 0.8% against the dollar and now trades at $0.36 or 0.00000589 BTC.
• Adshares (ADS) traded down 0.9% against the dollar and now trades at $0.41 or 0.00000672 BTC.
• BitShares (BTS) traded 5.8% lower against the dollar and now trades at $0.0024 or 0.00000004 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO: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 5,495,201,926,622 coins. 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. Terra Classic’s official website is terra.money. 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 possible to buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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