Terra Classic (LUNC) Price Hits $0.0001 on Major Exchanges

Terra Classic (LUNC) traded up 1.4% against the dollar during the 24 hour period ending at 23:00 PM E.T. on October 18th. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a market cap of $522.53 million and approximately $13.06 million worth of Terra Classic was traded on exchanges in the last 24 hours. In the last seven days, Terra Classic has traded up 4% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000232 BTC.
• Tezos (XTZ) traded up 1.8% against the dollar and now trades at $0.70 or 0.00001022 BTC.
• aelf (ELF) traded 1.3% higher against the dollar and now trades at $0.39 or 0.00000566 BTC.
• Terra (LUNA) traded 1.8% higher against the dollar and now trades at $0.37 or 0.00000544 BTC.
• GXChain (GXC) traded down 0.4% against the dollar and now trades at $0.36 or 0.00000523 BTC.
• Adshares (ADS) traded down 9.2% against the dollar and now trades at $0.20 or 0.00000296 BTC.
• BitShares (BTS) traded 0.3% lower against the dollar and now trades at $0.0017 or 0.00000002 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO:LUNC) 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 5,707,979,412,199 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. Terra Classic’s official website is terraclassic.co.uk.

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 currently 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 GDAX, Coinbase or Changelly. 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