Terra Classic (LUNC) Reaches 1-Day Volume of $47.25 Million

Terra Classic (LUNC) traded 3% lower against the U.S. dollar during the one day period ending at 9:00 AM E.T. on February 6th. Terra Classic has a total market cap of $353.83 million and $47.25 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Over the last week, Terra Classic has traded down 17% against the U.S. dollar.

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

• TRON (TRX) traded up 1.5% against the dollar and now trades at $0.23 or 0.00000233 BTC.
• Tezos (XTZ) traded down 6% against the dollar and now trades at $0.85 or 0.00000865 BTC.
• aelf (ELF) traded down 3.3% against the dollar and now trades at $0.29 or 0.00000293 BTC.
• Terra (LUNA) traded 2.5% higher against the dollar and now trades at $0.25 or 0.00000259 BTC.
• Adshares (ADS) traded up 2.5% against the dollar and now trades at $0.57 or 0.00000577 BTC.
• GXChain (GXC) traded up 7.5% against the dollar and now trades at $0.28 or 0.00000282 BTC.
• BitShares (BTS) traded up 1.9% against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,504,823,178,934 coins and its circulating supply is 5,494,615,598,002 coins. Terra Classic’s official website is commonwealth.im/terra-luna-classic-lunc. Terra Classic’s official Twitter account is @terra_money. The official message board for Terra Classic 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.

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 currently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView