Terra Classic Trading Down 6.5% Over Last Week (LUNC)

Terra Classic (LUNC) traded 3.9% lower against the dollar during the 24 hour period ending at 18:00 PM E.T. on July 25th. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a total market capitalization of $442.37 million and approximately $20.08 million worth of Terra Classic was traded on exchanges in the last 24 hours. Over the last week, Terra Classic has traded down 6.5% against the dollar.

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 $0.14 or 0.00000206 BTC.
• Tezos (XTZ) traded down 0% against the dollar and now trades at $0.75 or 0.00001133 BTC.
• Terra (LUNA) traded down 4.6% against the dollar and now trades at $0.39 or 0.00000595 BTC.
• aelf (ELF) traded down 1.4% against the dollar and now trades at $0.39 or 0.00000585 BTC.
• GXChain (GXC) traded 11.3% higher against the dollar and now trades at $0.38 or 0.00000578 BTC.
• Adshares (ADS) traded 11.8% lower against the dollar and now trades at $0.30 or 0.00000456 BTC.
• BitShares (BTS) traded down 0.6% against the dollar and now trades at $0.0021 or 0.00000003 BTC.

Terra Classic Coin Profile

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 5,440,890,355,545 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 website is terra.money. Terra Classic’s official message board is medium.com/terra-money. 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 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView