Terra Classic Trading 1.9% Lower This Week (LUNC)

Terra Classic (LUNC) traded 2.1% higher against the US dollar during the 1-day period ending at 22:00 PM ET on July 10th. During the last week, Terra Classic has traded down 1.9% against the US dollar. Terra Classic has a market capitalization of $390.66 million and approximately $17.85 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last 24 hours:

  • TRON (TRX) traded 1.8% higher against the dollar and now trades at $0.13 or 0.00000228 BTC.
  • Tezos (XTZ) traded up 0.9% against the dollar and now trades at $0.75 or 0.00001300 BTC.
  • Terra (LUNA) traded 1.6% higher against the dollar and now trades at $0.38 or 0.00000660 BTC.
  • aelf (ELF) traded 0.1% lower against the dollar and now trades at $0.39 or 0.00000677 BTC.
  • GXChain (GXC) traded 4.4% higher against the dollar and now trades at $0.36 or 0.00000615 BTC.
  • Adshares (ADS) traded up 1.1% against the dollar and now trades at $0.36 or 0.00000627 BTC.
  • BitShares (BTS) traded 0.4% higher against the dollar and now trades at $0.0021 or 0.00000004 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,460,063,552,132 coins. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official message board is medium.com/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 website is 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 currently possible to buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the aforementioned exchanges.

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