Terra Classic (LUNC) One Day Trading Volume Reaches $29.50 Million

Terra Classic (LUNC) traded up 4% against the dollar during the 24-hour period ending at 10:00 AM Eastern on January 17th. During the last week, Terra Classic has traded up 5.7% against the dollar. Terra Classic has a total market cap of $589.14 million and $29.50 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded up 4.7% against the dollar and now trades at $0.25 or 0.00000238 BTC.
• Tezos (XTZ) traded up 3.8% against the dollar and now trades at $1.41 or 0.00001361 BTC.
• aelf (ELF) traded 0.5% higher against the dollar and now trades at $0.46 or 0.00000442 BTC.
• Terra (LUNA) traded up 4.4% against the dollar and now trades at $0.43 or 0.00000418 BTC.
• GXChain (GXC) traded down 2.1% against the dollar and now trades at $0.35 or 0.00000336 BTC.
• Adshares (ADS) traded 0.6% lower against the dollar and now trades at $0.67 or 0.00000641 BTC.
• BitShares (BTS) traded 19.4% higher against the dollar and now trades at $0.0014 or 0.00000001 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,508,935,443,671 coins and its circulating supply is 5,507,097,066,014 coins. The official website for Terra Classic is commonwealth.im/terra-luna-classic-lunc. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official message board for Terra Classic 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.”

Buying and Selling Terra Classic

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 GDAX, Changelly or Gemini. 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