Terra Classic (LUNC) 24-Hour Volume Tops $34.28 Million

Terra Classic (LUNC) traded down 5% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM Eastern on May 7th. Terra Classic has a market capitalization of $616.90 million and approximately $34.28 million worth of Terra Classic was traded on exchanges in the last day. In the last week, Terra Classic has traded up 8.8% against the U.S. dollar. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.4% higher against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Tezos (XTZ) traded down 2.5% against the dollar and now trades at $0.94 or 0.00001473 BTC.
• Terra (LUNA) traded down 2.1% against the dollar and now trades at $0.61 or 0.00000951 BTC.
• aelf (ELF) traded 0.2% lower against the dollar and now trades at $0.55 or 0.00000870 BTC.
• GXChain (GXC) traded up 0.7% against the dollar and now trades at $0.42 or 0.00000666 BTC.
• Adshares (ADS) traded up 0.9% against the dollar and now trades at $0.41 or 0.00000647 BTC.
• BitShares (BTS) traded 0.5% lower against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Terra Classic Profile

Terra Classic (CRYPTO: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 5,801,381,103,149 coins. 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. 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.”

Terra Classic Coin Trading

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