Terra Classic (LUNC) Reaches 24 Hour Volume of $17.71 Million

Terra Classic (LUNC) traded down 3.9% against the dollar during the 1-day period ending at 7:00 AM ET on September 4th. During the last seven days, Terra Classic has traded 11.4% lower against the dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a total market capitalization of $428.06 million and approximately $17.71 million worth of Terra Classic was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 1.5% lower against the dollar and now trades at $0.15 or 0.00000265 BTC.
• Tezos (XTZ) traded 4.1% lower against the dollar and now trades at $0.62 or 0.00001106 BTC.
• aelf (ELF) traded 6% lower against the dollar and now trades at $0.35 or 0.00000621 BTC.
• Terra (LUNA) traded down 4.5% against the dollar and now trades at $0.33 or 0.00000581 BTC.
• GXChain (GXC) traded 11.3% lower against the dollar and now trades at $0.32 or 0.00000559 BTC.
• Adshares (ADS) traded down 3.8% against the dollar and now trades at $0.22 or 0.00000391 BTC.
• BitShares (BTS) traded 1.8% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,710,341,188,190 coins. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website 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.

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 presently 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 Gemini, Coinbase 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