Terra Classic Tops 1-Day Volume of $11.12 Million (LUNC)

Terra Classic (LUNC) traded down 6.3% against the US dollar during the 1-day period ending at 9:00 AM ET on January 9th. Terra Classic has a total market cap of $552.45 million and approximately $11.12 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. In the last week, Terra Classic has traded 13.4% lower against the US dollar.

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

• TRON (TRX) traded down 3.9% against the dollar and now trades at $0.24 or 0.00000261 BTC.
• Tezos (XTZ) traded down 2.9% against the dollar and now trades at $1.26 or 0.00001361 BTC.
• aelf (ELF) traded up 4% against the dollar and now trades at $0.47 or 0.00000512 BTC.
• Terra (LUNA) traded down 7.1% against the dollar and now trades at $0.41 or 0.00000446 BTC.
• GXChain (GXC) traded 3.4% lower against the dollar and now trades at $0.39 or 0.00000424 BTC.
• Adshares (ADS) traded up 1.1% against the dollar and now trades at $0.71 or 0.00000766 BTC.
• BitShares (BTS) traded 7.9% lower against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Terra Classic Profile

LUNC uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,510,754,250,669 coins and its circulating supply is 5,506,408,280,521 coins. Terra Classic’s official website is commonwealth.im/terra-luna-classic-lunc. Terra Classic’s official message board is medium.com/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 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.”

Buying and Selling Terra Classic

It is usually not presently 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 Coinbase, Changelly or Gemini. 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