Terra Classic (LUNC) One Day Trading Volume Reaches $21.89 Million

Terra Classic (LUNC) traded 2% lower against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on March 18th. Over the last seven days, Terra Classic has traded 3.3% higher against the US dollar. Terra Classic has a total market cap of $337.67 million and approximately $21.89 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges.

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

• TRON (TRX) traded 3.6% higher against the dollar and now trades at $0.22 or 0.00000275 BTC.
• Tezos (XTZ) traded 1.4% lower against the dollar and now trades at $0.69 or 0.00000846 BTC.
• aelf (ELF) traded down 4.1% against the dollar and now trades at $0.24 or 0.00000291 BTC.
• Terra (LUNA) traded 5.6% lower against the dollar and now trades at $0.20 or 0.00000246 BTC.
• Adshares (ADS) traded 2.1% lower against the dollar and now trades at $0.53 or 0.00000656 BTC.
• GXChain (GXC) traded up 1.4% against the dollar and now trades at $0.26 or 0.00000320 BTC.
• BitShares (BTS) traded up 0.2% against the dollar and now trades at $0.0010 or 0.00000001 BTC.

Terra Classic Profile

Terra Classic uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,501,252,542,914 coins and its circulating supply is 5,445,576,358,876 coins. 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. The official website for Terra Classic is commonwealth.im/terra-luna-classic-lunc.

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 buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, 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