Terra Classic 1-Day Volume Reaches $34.13 Million (LUNC)

Terra Classic (LUNC) traded 6.1% lower against the U.S. dollar during the one day period ending at 23:00 PM E.T. on April 30th. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Terra Classic has a total market cap of $570.85 million and $34.13 million worth of Terra Classic was traded on exchanges in the last day. Over the last week, Terra Classic has traded down 11.2% against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.2% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Tezos (XTZ) traded down 6.9% against the dollar and now trades at $0.91 or 0.00001521 BTC.
• Terra (LUNA) traded down 7.6% against the dollar and now trades at $0.55 or 0.00000916 BTC.
• aelf (ELF) traded 18.8% lower against the dollar and now trades at $0.52 or 0.00000870 BTC.
• GXChain (GXC) traded down 1.9% against the dollar and now trades at $0.39 or 0.00000648 BTC.
• Adshares (ADS) traded down 6.5% against the dollar and now trades at $0.39 or 0.00000650 BTC.
• BitShares (BTS) traded down 4.2% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,796,190,766,144 coins and its circulating supply is 5,799,958,396,004 coins. Terra Classic’s official website 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 Twitter account is @terra_money. The official message board for Terra Classic is medium.com/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 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