Terra Classic Reaches 1-Day Trading Volume of $29.53 Million (LUNC)

Terra Classic (LUNC) traded 0.2% lower against the US dollar during the 1-day period ending at 9:00 AM E.T. on May 9th. Terra Classic has a total market capitalization of $607.53 million and $29.53 million worth of Terra Classic was traded on exchanges in the last day. During the last seven days, Terra Classic has traded up 3.5% against the US dollar. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major exchanges.

Here is how other 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 up 2.2% against the dollar and now trades at $0.13 or 0.00000204 BTC.
• Tezos (XTZ) traded 1.1% lower against the dollar and now trades at $0.92 or 0.00001495 BTC.
• Terra (LUNA) traded down 0.7% against the dollar and now trades at $0.62 or 0.00001002 BTC.
• aelf (ELF) traded down 0.9% against the dollar and now trades at $0.53 or 0.00000869 BTC.
• GXChain (GXC) traded 3.3% lower against the dollar and now trades at $0.40 or 0.00000646 BTC.
• Adshares (ADS) traded down 1% against the dollar and now trades at $0.41 or 0.00000660 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 uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,800,988,961,956 coins. Terra Classic’s official website is terra.money. 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 presently possible to buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView