Terra Classic Tops One Day Trading Volume of $12.57 Million (LUNC)

Terra Classic (LUNC) traded 0.3% higher against the US dollar during the twenty-four hour period ending at 7:00 AM ET on September 29th. Terra Classic has a market capitalization of $295.48 million and approximately $12.57 million worth of Terra Classic was traded on exchanges in the last 24 hours. In the last seven days, Terra Classic has traded down 1.6% against the US dollar. One Terra Classic coin can now be purchased for $0.0001 or 0.00000000 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded up 0.3% against the dollar and now trades at $0.34 or 0.00000399 BTC.
• Tezos (XTZ) traded 2.5% higher against the dollar and now trades at $0.32 or 0.00000379 BTC.
• aelf (ELF) traded up 18% against the dollar and now trades at $0.0764 or 0.00000091 BTC.
• Terra (LUNA) traded up 0.8% against the dollar and now trades at $0.0516 or 0.00000061 BTC.
• Adshares (ADS) traded up 1.2% against the dollar and now trades at $0.49 or 0.00000579 BTC.
• BitShares (BTS) traded 2% higher against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Terra Classic

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,447,838,226,564 coins and its circulating supply is 5,509,735,403,074 coins. Terra Classic’s official message board is medium.com/terra-money. The official website for Terra Classic is www.terra-classic.io. Terra Classic’s official Twitter account 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 purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView