Terra Classic 24-Hour Volume Reaches $15.58 Million (LUNC)

Terra Classic (LUNC) traded 0.5% lower against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on July 12th. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on popular exchanges. In the last week, Terra Classic has traded 5.6% higher against the U.S. dollar. Terra Classic has a market cap of $388.10 million and approximately $15.58 million worth of Terra Classic was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Tezos (XTZ) traded up 0.5% against the dollar and now trades at $0.76 or 0.00001312 BTC.
• Terra (LUNA) traded 0.7% lower against the dollar and now trades at $0.38 or 0.00000648 BTC.
• aelf (ELF) traded 1.2% lower against the dollar and now trades at $0.38 or 0.00000649 BTC.
• GXChain (GXC) traded 5.5% lower against the dollar and now trades at $0.34 or 0.00000576 BTC.
• Adshares (ADS) traded 0.6% lower against the dollar and now trades at $0.37 or 0.00000628 BTC.
• BitShares (BTS) traded 2.8% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,460,055,486,053 coins. Terra Classic’s official website is terra.money. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official Twitter account 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.”

Buying and Selling Terra Classic

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 Changelly. 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