Terra Classic (LUNC) Tops 24 Hour Volume of $27.86 Million

Terra Classic (LUNC) traded up 2.6% against the U.S. dollar during the twenty-four hour period ending at 14:00 PM ET on June 3rd. Terra Classic has a market capitalization of $689.50 million and approximately $27.86 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on exchanges. In the last seven days, Terra Classic has traded up 2.3% against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.8% lower against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Tezos (XTZ) traded up 0.9% against the dollar and now trades at $0.94 or 0.00001349 BTC.
• Terra (LUNA) traded 1.2% higher against the dollar and now trades at $0.65 or 0.00000938 BTC.
• aelf (ELF) traded 3.6% lower against the dollar and now trades at $0.49 or 0.00000700 BTC.
• GXChain (GXC) traded 1.7% higher against the dollar and now trades at $0.40 or 0.00000578 BTC.
• Adshares (ADS) traded 19% higher against the dollar and now trades at $0.44 or 0.00000636 BTC.
• BitShares (BTS) traded 1% lower against the dollar and now trades at $0.0030 or 0.00000004 BTC.

Terra Classic Coin Profile

Terra Classic 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 5,798,546,394,905 coins. The official website for Terra Classic is 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. 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.”

Terra Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase 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 purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView