Terra Classic (LUNC) Trading 8.6% Higher Over Last 7 Days

Terra Classic (LUNC) traded 6.3% higher against the US dollar during the 24 hour period ending at 9:00 AM ET on May 31st. Over the last seven days, Terra Classic has traded 8.6% higher against the US dollar. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on popular exchanges. Terra Classic has a market cap of $700.21 million and approximately $130.97 million worth of Terra Classic was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded 0.2% higher against the dollar and now trades at $0.11 or 0.00000163 BTC.
  • Tezos (XTZ) traded up 1.2% against the dollar and now trades at $0.97 or 0.00001409 BTC.
  • Terra (LUNA) traded up 13.7% against the dollar and now trades at $0.68 or 0.00000989 BTC.
  • aelf (ELF) traded up 0% against the dollar and now trades at $0.51 or 0.00000746 BTC.
  • GXChain (GXC) traded down 3.8% against the dollar and now trades at $0.40 or 0.00000583 BTC.
  • Adshares (ADS) traded down 1% against the dollar and now trades at $0.36 or 0.00000527 BTC.
  • BitShares (BTS) traded up 0.7% against the dollar and now trades at $0.0030 or 0.00000004 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,794,519,205,022 coins. The official website for Terra Classic is terra.money. Terra Classic’s official message board 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. Terra Classic’s official Twitter account is @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.”

Terra Classic Coin Trading

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the exchanges listed above.

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