Terra Classic Hits 24 Hour Trading Volume of $15.08 Million (LUNC)

Terra Classic (LUNC) traded down 5% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on February 22nd. Terra Classic has a market capitalization of $403.54 million and approximately $15.08 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. In the last week, Terra Classic has traded down 6% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 4.1% lower against the dollar and now trades at $0.24 or 0.00000245 BTC.
• Tezos (XTZ) traded 2.8% lower against the dollar and now trades at $0.89 or 0.00000921 BTC.
• aelf (ELF) traded down 0.8% against the dollar and now trades at $0.29 or 0.00000302 BTC.
• Terra (LUNA) traded down 5.4% against the dollar and now trades at $0.25 or 0.00000261 BTC.
• Adshares (ADS) traded 2.9% lower against the dollar and now trades at $0.57 or 0.00000586 BTC.
• GXChain (GXC) traded 3.8% lower against the dollar and now trades at $0.25 or 0.00000261 BTC.
• BitShares (BTS) traded 0.3% higher against the dollar and now trades at $0.0012 or 0.00000001 BTC.

Terra Classic Coin Profile

Terra Classic (LUNC) uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,504,017,796,510 coins and its circulating supply is 5,482,226,787,246 coins. 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 website is commonwealth.im/terra-luna-classic-lunc. The official message board for Terra Classic 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.”

Terra Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView