Terra Classic Trading Down 6.8% This Week (LUNC)

Terra Classic (LUNC) traded 2.2% higher against the dollar during the 24-hour period ending at 14:00 PM ET on November 4th. In the last week, Terra Classic has traded 6.8% lower against the dollar. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a market capitalization of $455.18 million and $18.06 million worth of Terra Classic was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.16 or 0.00000242 BTC.
• Tezos (XTZ) traded down 2.4% against the dollar and now trades at $0.59 or 0.00000872 BTC.
• aelf (ELF) traded 3.3% lower against the dollar and now trades at $0.32 or 0.00000477 BTC.
• Terra (LUNA) traded down 0.2% against the dollar and now trades at $0.30 or 0.00000450 BTC.
• GXChain (GXC) traded 0.6% higher against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Adshares (ADS) traded 3.3% lower against the dollar and now trades at $0.22 or 0.00000328 BTC.
• BitShares (BTS) traded 0.3% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Classic Profile

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 5,455,065,695,072 coins. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is terraclassic.co.uk. Terra Classic’s official message board is medium.com/terra-money. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here.

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 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, GDAX or Gemini. 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