Terra Classic (LUNC) Trading Down 9.8% Over Last Week

Terra Classic (LUNC) traded up 0.9% against the dollar during the 1-day period ending at 17:00 PM ET on June 27th. One Terra Classic coin can currently be purchased for $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a total market capitalization of $452.32 million and approximately $23.87 million worth of Terra Classic was traded on exchanges in the last day. Over the last week, Terra Classic has traded down 9.8% against the dollar.

Here is how similar cryptocurrencies have performed over the last day:

  • TRON (TRX) traded down 0.5% against the dollar and now trades at $0.12 or 0.00000199 BTC.
  • Tezos (XTZ) traded up 0.1% against the dollar and now trades at $0.78 or 0.00001265 BTC.
  • Terra (LUNA) traded 1% higher against the dollar and now trades at $0.43 or 0.00000702 BTC.
  • aelf (ELF) traded 0.1% lower against the dollar and now trades at $0.36 or 0.00000584 BTC.
  • GXChain (GXC) traded 4.6% lower against the dollar and now trades at $0.34 or 0.00000561 BTC.
  • Adshares (ADS) traded 1.4% lower against the dollar and now trades at $0.40 or 0.00000658 BTC.
  • BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0025 or 0.00000004 BTC.

About Terra Classic

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 5,490,440,095,775 coins. The official website for Terra Classic 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. 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.”

Terra Classic Coin Trading

It is usually not currently 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the aforementioned exchanges.

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