Terra Classic Trading 10.5% Lower This Week (LUNC)

Terra Classic (LUNC) traded 2.6% lower against the dollar during the one day period ending at 13:00 PM E.T. on May 1st. Over the last week, Terra Classic has traded down 10.5% against the dollar. Terra Classic has a total market cap of $552.24 million and approximately $28.30 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be purchased for $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.12 or 0.00000210 BTC.
• Tezos (XTZ) traded down 2.3% against the dollar and now trades at $0.88 or 0.00001553 BTC.
• Terra (LUNA) traded 2.3% lower against the dollar and now trades at $0.54 or 0.00000942 BTC.
• aelf (ELF) traded down 6.1% against the dollar and now trades at $0.50 or 0.00000885 BTC.
• GXChain (GXC) traded up 0.2% against the dollar and now trades at $0.40 or 0.00000697 BTC.
• Adshares (ADS) traded down 2.5% against the dollar and now trades at $0.39 or 0.00000690 BTC.
• BitShares (BTS) traded 2.9% lower against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Terra Classic

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,705,419,825 coins and its circulating supply is 5,798,903,541,453 coins. Terra Classic’s official Twitter account 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 website 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.”

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 Coinbase, Gemini 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