Terra Classic (LUNC) Price Reaches $0.0001 on Major Exchanges

Terra Classic (LUNC) traded up 0.6% against the dollar during the 1-day period ending at 22:00 PM E.T. on November 1st. In the last seven days, Terra Classic has traded 3.7% higher against the dollar. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Terra Classic has a total market capitalization of $514.63 million and approximately $18.59 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• TRON (TRX) traded 0.2% lower against the dollar and now trades at $0.17 or 0.00000240 BTC.
• Tezos (XTZ) traded 1.3% higher against the dollar and now trades at $0.63 or 0.00000907 BTC.
• aelf (ELF) traded 3.7% lower against the dollar and now trades at $0.35 or 0.00000502 BTC.
• Terra (LUNA) traded 0.8% higher against the dollar and now trades at $0.34 or 0.00000485 BTC.
• GXChain (GXC) traded 2.7% lower against the dollar and now trades at $0.35 or 0.00000512 BTC.
• Adshares (ADS) traded up 0.8% against the dollar and now trades at $0.22 or 0.00000312 BTC.
• BitShares (BTS) traded 1.9% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Classic Coin 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 5,711,310,841,537 coins. 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. Terra Classic’s official website is terraclassic.co.uk. 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.”

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 Changelly, Gemini or GDAX. 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