Terra Classic Price Down 17.4% Over Last 7 Days (LUNC)

Terra Classic (LUNC) traded down 5.5% against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on August 3rd. Terra Classic has a market capitalization of $380.24 million and $15.19 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major exchanges. During the last week, Terra Classic has traded down 17.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded up 1.3% against the dollar and now trades at $0.12 or 0.00000208 BTC.
• Tezos (XTZ) traded down 2.9% against the dollar and now trades at $0.67 or 0.00001112 BTC.
• aelf (ELF) traded 10.3% lower against the dollar and now trades at $0.40 or 0.00000663 BTC.
• Terra (LUNA) traded 7.8% lower against the dollar and now trades at $0.33 or 0.00000542 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.38 or 0.00000627 BTC.
• Adshares (ADS) traded 4.2% lower against the dollar and now trades at $0.25 or 0.00000416 BTC.
• BitShares (BTS) traded down 0.5% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Classic Profile

Terra Classic 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 5,435,079,725,180 coins. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official website is terra.money. 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.”

Terra Classic Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US 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