Terra Classic Price Down 0.8% Over Last Week (LUNC)

Terra Classic (LUNC) traded 4.3% higher against the U.S. dollar during the 24 hour period ending at 16:00 PM ET on October 27th. Terra Classic has a market capitalization of $522.20 million and approximately $21.53 million worth of Terra Classic was traded on exchanges in the last 24 hours. Over the last week, Terra Classic has traded down 0.8% against the U.S. dollar. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 0% lower against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Tezos (XTZ) traded 0.7% higher against the dollar and now trades at $0.64 or 0.00000941 BTC.
• aelf (ELF) traded up 1.1% against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Terra (LUNA) traded 1.8% higher against the dollar and now trades at $0.34 or 0.00000500 BTC.
• GXChain (GXC) traded 0.4% higher against the dollar and now trades at $0.35 or 0.00000519 BTC.
• Adshares (ADS) traded down 1.2% against the dollar and now trades at $0.22 or 0.00000321 BTC.
• BitShares (BTS) traded down 0.4% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Classic Profile

Terra Classic (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 5,709,214,239,373 coins. Terra Classic’s official website 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. Terra Classic’s official message board is medium.com/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 US dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView