Terra Classic (LUNC) Trading Up 2.1% This Week

Terra Classic (LUNC) traded up 4% against the US dollar during the 1-day period ending at 14:00 PM E.T. on October 25th. Terra Classic has a total market capitalization of $532.38 million and $26.93 million worth of Terra Classic was traded on exchanges in the last day. During the last week, Terra Classic has traded 2.1% higher against the US dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded up 1% against the dollar and now trades at $0.17 or 0.00000248 BTC.
• Tezos (XTZ) traded down 1.4% against the dollar and now trades at $0.66 or 0.00000982 BTC.
• aelf (ELF) traded down 2% against the dollar and now trades at $0.36 or 0.00000534 BTC.
• Terra (LUNA) traded down 0.9% against the dollar and now trades at $0.36 or 0.00000535 BTC.
• GXChain (GXC) traded down 0.1% against the dollar and now trades at $0.35 or 0.00000521 BTC.
• Adshares (ADS) traded down 0.3% against the dollar and now trades at $0.22 or 0.00000329 BTC.
• BitShares (BTS) traded down 2.7% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Terra Classic

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 5,707,777,951,401 coins. Terra Classic’s official website is terraclassic.co.uk. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official Twitter account 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 possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase 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