Terra Classic Price Reaches $0.0001 on Exchanges (LUNC)

Terra Classic (LUNC) traded up 4% against the US dollar during the one day period ending at 10:00 AM E.T. on January 17th. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a total market cap of $589.14 million and $29.50 million worth of Terra Classic was traded on exchanges in the last day. During the last seven days, Terra Classic has traded 5.7% higher against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded 4.7% higher against the dollar and now trades at $0.25 or 0.00000238 BTC.
• Tezos (XTZ) traded up 3.8% against the dollar and now trades at $1.41 or 0.00001361 BTC.
• aelf (ELF) traded up 0.5% against the dollar and now trades at $0.46 or 0.00000442 BTC.
• Terra (LUNA) traded up 4.4% against the dollar and now trades at $0.43 or 0.00000418 BTC.
• GXChain (GXC) traded down 2.1% against the dollar and now trades at $0.35 or 0.00000336 BTC.
• Adshares (ADS) traded down 0.6% against the dollar and now trades at $0.67 or 0.00000641 BTC.
• BitShares (BTS) traded 19.4% higher against the dollar and now trades at $0.0014 or 0.00000001 BTC.

Terra Classic Profile

Terra Classic (LUNC) uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,508,935,443,671 coins and its circulating supply is 5,507,097,066,014 coins. 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. The official website for Terra Classic is commonwealth.im/terra-luna-classic-lunc.

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 US dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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