Terra Classic 1-Day Trading Volume Hits $14.47 Million (LUNC)

Terra Classic (LUNC) traded up 8.5% against the US dollar during the one day period ending at 19:00 PM Eastern on July 6th. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. During the last seven days, Terra Classic has traded down 10.2% against the US dollar. Terra Classic has a total market capitalization of $396.35 million and approximately $14.47 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 2.1% higher against the dollar and now trades at $0.13 or 0.00000223 BTC.
• Tezos (XTZ) traded up 2.9% against the dollar and now trades at $0.75 or 0.00001280 BTC.
• Terra (LUNA) traded up 10.9% against the dollar and now trades at $0.37 or 0.00000639 BTC.
• aelf (ELF) traded 15.9% higher against the dollar and now trades at $0.37 or 0.00000628 BTC.
• GXChain (GXC) traded up 1.7% against the dollar and now trades at $0.33 or 0.00000585 BTC.
• Adshares (ADS) traded up 6.1% against the dollar and now trades at $0.36 or 0.00000623 BTC.
• BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Classic Coin 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 5,467,355,587,392 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 website is terra.money. Terra Classic’s official Twitter account is @terra_money. 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.”

Buying and Selling Terra Classic

It is usually not presently possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX 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