Terra Classic Price Up 0.3% This Week (LUNC)

Terra Classic (LUNC) traded down 3.2% against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on May 19th. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a market cap of $606.88 million and approximately $13.57 million worth of Terra Classic was traded on exchanges in the last 24 hours. In the last week, Terra Classic has traded up 0.3% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last 24 hours:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded 1.9% lower against the dollar and now trades at $0.12 or 0.00000181 BTC.
  • Tezos (XTZ) traded down 3.6% against the dollar and now trades at $0.92 or 0.00001375 BTC.
  • Terra (LUNA) traded down 2.8% against the dollar and now trades at $0.57 or 0.00000854 BTC.
  • aelf (ELF) traded up 0.9% against the dollar and now trades at $0.53 or 0.00000795 BTC.
  • GXChain (GXC) traded down 1.9% against the dollar and now trades at $0.40 or 0.00000593 BTC.
  • Adshares (ADS) traded down 0.3% against the dollar and now trades at $0.38 or 0.00000573 BTC.
  • BitShares (BTS) traded 2.9% lower against the dollar and now trades at $0.0030 or 0.00000004 BTC.

Terra Classic Coin Profile

Terra Classic 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 5,789,805,034,496 coins. 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. The official website for Terra Classic is terra.money. The official message board for Terra Classic is medium.com/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 possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

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