Terra Classic Price Down 18% This Week (LUNC)

Terra Classic (LUNC) traded down 2.5% against the US dollar during the 24 hour period ending at 9:00 AM E.T. on January 25th. Terra Classic has a total market capitalization of $447.44 million and $21.39 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 down 18% against the US dollar.

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

• TRON (TRX) traded down 1.8% against the dollar and now trades at $0.25 or 0.00000243 BTC.
• Tezos (XTZ) traded 1.9% lower against the dollar and now trades at $1.17 or 0.00001115 BTC.
• aelf (ELF) traded up 0.4% against the dollar and now trades at $0.38 or 0.00000365 BTC.
• Terra (LUNA) traded 3.1% lower against the dollar and now trades at $0.34 or 0.00000325 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00000314 BTC.
• Adshares (ADS) traded up 0.1% against the dollar and now trades at $0.63 or 0.00000602 BTC.
• BitShares (BTS) traded 2.1% lower against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Terra Classic Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,507,304,637,227 coins and its circulating supply is 5,504,212,788,501 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 US dollars. Investors seeking to trade Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView