Terra Classic (LUNC) Trading 6.5% Higher This Week

Terra Classic (LUNC) traded 3.7% higher against the US dollar during the 24-hour period ending at 23:00 PM Eastern on October 20th. Terra Classic has a total market cap of $530.31 million and approximately $18.42 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Over the last seven days, Terra Classic has traded 6.5% higher against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded down 0.2% against the dollar and now trades at $0.16 or 0.00000227 BTC.
• Tezos (XTZ) traded up 2.9% against the dollar and now trades at $0.71 or 0.00001029 BTC.
• aelf (ELF) traded up 1.4% against the dollar and now trades at $0.39 or 0.00000567 BTC.
• Terra (LUNA) traded up 4.4% against the dollar and now trades at $0.38 or 0.00000556 BTC.
• GXChain (GXC) traded down 4.4% against the dollar and now trades at $0.35 or 0.00000505 BTC.
• Adshares (ADS) traded down 0.7% against the dollar and now trades at $0.23 or 0.00000332 BTC.
• BitShares (BTS) traded 3.3% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Classic Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,709,436,651,285 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 message board is medium.com/terra-money. The official website for Terra Classic is terraclassic.co.uk.

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 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, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView