Terra Classic (LUNC) Trading Down 14.1% This Week

Terra Classic (LUNC) traded 5.9% lower against the US dollar during the 1-day period ending at 16:00 PM Eastern on April 30th. During the last week, Terra Classic has traded 14.1% lower against the US dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a market cap of $561.17 million and approximately $32.56 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 0.8% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Tezos (XTZ) traded 8.5% lower against the dollar and now trades at $0.89 or 0.00001496 BTC.
• Terra (LUNA) traded down 8.4% against the dollar and now trades at $0.54 or 0.00000910 BTC.
• aelf (ELF) traded down 7.1% against the dollar and now trades at $0.54 or 0.00000909 BTC.
• GXChain (GXC) traded 0.3% lower against the dollar and now trades at $0.40 or 0.00000668 BTC.
• Adshares (ADS) traded 2.3% lower against the dollar and now trades at $0.40 or 0.00000681 BTC.
• BitShares (BTS) traded 0.6% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Terra Classic Coin Profile

Terra Classic (LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,796,200,208,193 coins and its circulating supply is 5,799,942,326,425 coins. 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. Terra Classic’s official message board is medium.com/terra-money. The official website for Terra Classic 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 buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in US 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