Terra Classic (LUNC) Trading 5.9% Lower Over Last Week

Terra Classic (LUNC) traded 2.4% higher against the US dollar during the 24 hour period ending at 7:00 AM E.T. on October 4th. Terra Classic has a total market capitalization of $490.26 million and $19.95 million worth of Terra Classic was traded on exchanges in the last 24 hours. Over the last week, Terra Classic has traded down 5.9% against the US dollar. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded up 2.1% against the dollar and now trades at $0.16 or 0.00000256 BTC.
• Tezos (XTZ) traded down 0.1% against the dollar and now trades at $0.64 or 0.00001043 BTC.
• aelf (ELF) traded 0.3% higher against the dollar and now trades at $0.36 or 0.00000590 BTC.
• Terra (LUNA) traded 3.2% higher against the dollar and now trades at $0.37 or 0.00000600 BTC.
• GXChain (GXC) traded up 1.3% against the dollar and now trades at $0.32 or 0.00000528 BTC.
• Adshares (ADS) traded 1.9% higher against the dollar and now trades at $0.20 or 0.00000331 BTC.
• BitShares (BTS) traded 0.6% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

About 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 5,711,871,985,933 coins. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website 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 presently possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView