Terra Classic Trading Up 2.1% Over Last 7 Days (LUNC)

Terra Classic (LUNC) traded down 6.1% against the US dollar during the one day period ending at 20:00 PM Eastern on May 6th. One Terra Classic coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a total market capitalization of $622.95 million and $66.83 million worth of Terra Classic was traded on exchanges in the last day. Over the last week, Terra Classic has traded 2.1% higher against the US dollar.

Here’s how related 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 2.2% lower against the dollar and now trades at $0.12 or 0.00000187 BTC.
• Tezos (XTZ) traded down 2.5% against the dollar and now trades at $0.94 or 0.00001489 BTC.
• Terra (LUNA) traded 5.6% lower against the dollar and now trades at $0.61 or 0.00000960 BTC.
• aelf (ELF) traded 2.2% lower against the dollar and now trades at $0.55 or 0.00000867 BTC.
• GXChain (GXC) traded down 1.6% against the dollar and now trades at $0.42 or 0.00000660 BTC.
• Adshares (ADS) traded 1.6% higher against the dollar and now trades at $0.42 or 0.00000661 BTC.
• BitShares (BTS) traded 0.3% lower against the dollar and now trades at $0.0032 or 0.00000005 BTC.

About Terra Classic

LUNC uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,542,866,657 coins and its circulating supply is 5,799,851,420,727 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 message board is medium.com/terra-money. Terra Classic’s official website is 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.”

Terra Classic Coin Trading

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