Terra Classic Trading Up 0.7% Over Last Week (LUNC)

Terra Classic (LUNC) traded 2.1% higher against the US dollar during the 24-hour period ending at 18:00 PM ET on September 8th. Over the last week, Terra Classic has traded up 0.7% against the US dollar. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a market capitalization of $437.34 million and $7.46 million worth of Terra Classic was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 0.8% higher against the dollar and now trades at $0.15 or 0.00000280 BTC.
• Tezos (XTZ) traded up 1.4% against the dollar and now trades at $0.61 or 0.00001128 BTC.
• aelf (ELF) traded up 2% against the dollar and now trades at $0.36 or 0.00000656 BTC.
• Terra (LUNA) traded 2% higher against the dollar and now trades at $0.33 or 0.00000609 BTC.
• GXChain (GXC) traded 1% higher against the dollar and now trades at $0.31 or 0.00000563 BTC.
• Adshares (ADS) traded 2.2% higher against the dollar and now trades at $0.21 or 0.00000386 BTC.
• BitShares (BTS) traded down 0.1% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Terra Classic

LUNC uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,711,456,195,302 coins. 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 website for Terra Classic is terra.money. Terra Classic’s official message board 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 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 GDAX, Gemini or Coinbase. 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