Terra Classic (LUNC) Hits 1-Day Volume of $27.44 Million

Terra Classic (LUNC) traded up 4.6% against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on May 2nd. Terra Classic has a market capitalization of $603.28 million and $27.44 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on popular exchanges. In the last seven days, Terra Classic has traded down 3.3% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 1.9% against the dollar and now trades at $0.12 or 0.00000208 BTC.
• Tezos (XTZ) traded 2.7% higher against the dollar and now trades at $0.94 or 0.00001584 BTC.
• Terra (LUNA) traded 4.6% higher against the dollar and now trades at $0.58 or 0.00000980 BTC.
• aelf (ELF) traded up 6% against the dollar and now trades at $0.55 or 0.00000928 BTC.
• GXChain (GXC) traded up 5.8% against the dollar and now trades at $0.39 or 0.00000664 BTC.
• Adshares (ADS) traded up 0.8% against the dollar and now trades at $0.39 or 0.00000667 BTC.
• BitShares (BTS) traded up 1.9% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,794,676,559,286 coins and its circulating supply is 5,798,763,329,600 coins. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official Twitter account is @terra_money. The official website for Terra Classic 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.

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

LUNC/USD price chart by TradingView