Terra Classic Trading Down 7.5% Over Last 7 Days (LUNC)

Terra Classic (LUNC) traded 5.6% higher against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on December 24th. Terra Classic has a market cap of $659.92 million and $63.20 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be purchased for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. During the last week, Terra Classic has traded down 7.5% against the U.S. dollar.

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

• TRON (TRX) traded 2.3% higher against the dollar and now trades at $0.26 or 0.00000263 BTC.
• Tezos (XTZ) traded up 10.2% against the dollar and now trades at $1.44 or 0.00001481 BTC.
• aelf (ELF) traded 2.7% higher against the dollar and now trades at $0.49 or 0.00000502 BTC.
• Terra (LUNA) traded 8.2% higher against the dollar and now trades at $0.45 or 0.00000462 BTC.
• GXChain (GXC) traded up 4.2% against the dollar and now trades at $0.42 or 0.00000433 BTC.
• Adshares (ADS) traded down 2.6% against the dollar and now trades at $0.74 or 0.00000766 BTC.
• BitShares (BTS) traded 2.3% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Terra Classic

Terra Classic (LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,513,107,949,277 coins and its circulating supply is 5,509,361,109,964 coins. The official website for Terra Classic 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. Terra Classic’s official Twitter account 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 U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView