Terra Classic (LUNC) Trading Down 22.6% Over Last 7 Days

Terra Classic (LUNC) traded down 12% against the dollar during the 1 day period ending at 7:00 AM Eastern on July 5th. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. In the last week, Terra Classic has traded 22.6% lower against the dollar. Terra Classic has a market capitalization of $352.69 million and approximately $50.55 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 1.5% against the dollar and now trades at $0.12 or 0.00000226 BTC.
• Tezos (XTZ) traded 9% lower against the dollar and now trades at $0.66 or 0.00001201 BTC.
• Terra (LUNA) traded down 13.5% against the dollar and now trades at $0.33 or 0.00000599 BTC.
• aelf (ELF) traded down 8.8% against the dollar and now trades at $0.30 or 0.00000550 BTC.
• GXChain (GXC) traded 0.4% higher against the dollar and now trades at $0.34 or 0.00000613 BTC.
• Adshares (ADS) traded down 7.7% against the dollar and now trades at $0.34 or 0.00000622 BTC.
• BitShares (BTS) traded 3.6% lower against the dollar and now trades at $0.0020 or 0.00000004 BTC.

About Terra Classic

Terra Classic (LUNC) uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,467,177,775,759 coins. 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. The official website for Terra Classic 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 currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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