Terra Classic (LUNC) Reaches One Day Trading Volume of $23.62 Million

Terra Classic (LUNC) traded 1.3% higher against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on May 4th. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on popular exchanges. During the last week, Terra Classic has traded up 1.7% against the US dollar. Terra Classic has a total market capitalization of $632.22 million and approximately $23.62 million worth of Terra Classic was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 0.4% against the dollar and now trades at $0.12 or 0.00000191 BTC.
• Tezos (XTZ) traded down 1.1% against the dollar and now trades at $0.97 or 0.00001510 BTC.
• Terra (LUNA) traded 0.8% higher against the dollar and now trades at $0.60 or 0.00000943 BTC.
• aelf (ELF) traded up 1.1% against the dollar and now trades at $0.56 or 0.00000877 BTC.
• GXChain (GXC) traded up 14% against the dollar and now trades at $0.45 or 0.00000709 BTC.
• Adshares (ADS) traded down 6.7% against the dollar and now trades at $0.38 or 0.00000590 BTC.
• BitShares (BTS) traded down 1% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

Terra Classic Profile

Terra Classic uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,794,618,130,013 coins and its circulating supply is 5,799,554,202,567 coins. Terra Classic’s official Twitter account is @terra_money. The official message board for Terra Classic 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. 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.”

Buying and Selling Terra Classic

It is usually not 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 GDAX, Changelly or Gemini. 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