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

by · The Markets Daily

Terra Classic (LUNC) traded down 0.5% against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on October 16th. During the last seven days, Terra Classic has traded 4.5% higher against the U.S. dollar. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. Terra Classic has a total market cap of $511.76 million and $18.18 million worth of Terra Classic was traded on exchanges in the last day.

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

  • TRON (TRX) traded 0.7% higher against the dollar and now trades at $0.16 or 0.00000235 BTC.
  • Tezos (XTZ) traded up 0.4% against the dollar and now trades at $0.70 or 0.00001028 BTC.
  • aelf (ELF) traded 1.1% higher against the dollar and now trades at $0.38 or 0.00000565 BTC.
  • Terra (LUNA) traded down 0.6% against the dollar and now trades at $0.37 or 0.00000541 BTC.
  • GXChain (GXC) traded up 7.1% against the dollar and now trades at $0.37 or 0.00000548 BTC.
  • Adshares (ADS) traded up 0.6% against the dollar and now trades at $0.22 or 0.00000329 BTC.
  • BitShares (BTS) traded down 3.2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Terra Classic 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 5,708,482,026,478 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. Terra Classic’s official website is terraclassic.co.uk. 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.”

Buying and Selling Terra Classic

It is usually not possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView