Terra Classic 24-Hour Trading Volume Tops $15.90 Million (LUNC)

Terra Classic (LUNC) traded down 0.4% against the dollar during the 24-hour period ending at 17:00 PM Eastern on October 28th. During the last week, Terra Classic has traded down 2.6% against the dollar. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a total market cap of $517.65 million and $15.90 million worth of Terra Classic was traded on exchanges in the last 24 hours.

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

  • TRON (TRX) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000235 BTC.
  • Tezos (XTZ) traded up 0.3% against the dollar and now trades at $0.64 or 0.00000919 BTC.
  • aelf (ELF) traded 0.1% higher against the dollar and now trades at $0.35 or 0.00000510 BTC.
  • Terra (LUNA) traded down 1.2% against the dollar and now trades at $0.34 or 0.00000482 BTC.
  • GXChain (GXC) traded down 0.9% against the dollar and now trades at $0.35 or 0.00000498 BTC.
  • Adshares (ADS) traded 1.6% higher against the dollar and now trades at $0.22 or 0.00000318 BTC.
  • BitShares (BTS) traded 0% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,710,130,399,646 coins. The official message board for Terra Classic is medium.com/terra-money. The official website for Terra Classic 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 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 buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the aforementioned exchanges.

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