Terra Classic (LUNC) Trading 8% Lower This Week

Terra Classic (LUNC) traded 0.8% lower against the US dollar during the twenty-four hour period ending at 19:00 PM ET on June 20th. Over the last seven days, Terra Classic has traded 8% lower against the US dollar. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a total market cap of $498.82 million and $18.05 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:

  • TRON (TRX) traded up 0.8% against the dollar and now trades at $0.12 or 0.00000180 BTC.
  • Tezos (XTZ) traded 0.5% higher against the dollar and now trades at $0.78 or 0.00001200 BTC.
  • Terra (LUNA) traded 1.1% lower against the dollar and now trades at $0.44 or 0.00000671 BTC.
  • aelf (ELF) traded down 2.7% against the dollar and now trades at $0.37 or 0.00000574 BTC.
  • GXChain (GXC) traded up 1.3% against the dollar and now trades at $0.36 or 0.00000552 BTC.
  • Adshares (ADS) traded 0.1% lower against the dollar and now trades at $0.43 or 0.00000659 BTC.
  • BitShares (BTS) traded down 2.7% against the dollar and now trades at $0.0025 or 0.00000004 BTC.

Terra Classic Profile

LUNC 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 5,507,214,795,802 coins. 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 website is terra.money. Terra Classic’s official message board is medium.com/terra-money. 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 currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

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