Terra Classic (LUNC) Hits 24-Hour Trading Volume of $6.39 Million

Terra Classic (LUNC) traded 1.3% higher against the US dollar during the twenty-four hour period ending at 19:00 PM Eastern on September 7th. In the last week, Terra Classic has traded down 4.7% against the US dollar. One Terra Classic coin can now be purchased for about $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a market capitalization of $426.71 million and approximately $6.39 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded 2.4% higher against the dollar and now trades at $0.15 or 0.00000280 BTC.
• Tezos (XTZ) traded 1.4% higher against the dollar and now trades at $0.60 or 0.00001119 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.35 or 0.00000646 BTC.
• Terra (LUNA) traded up 2% against the dollar and now trades at $0.32 or 0.00000599 BTC.
• GXChain (GXC) traded 5.9% lower against the dollar and now trades at $0.31 or 0.00000566 BTC.
• Adshares (ADS) traded down 0.4% against the dollar and now trades at $0.21 or 0.00000381 BTC.
• BitShares (BTS) traded 1.4% lower against the dollar and now trades at $0.0016 or 0.00000003 BTC.

Terra Classic Profile

Terra Classic (CRYPTO:LUNC) 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 5,710,771,695,610 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.”

Terra Classic Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView