Terra Classic Price Hits $0.0001 on Top Exchanges (LUNC)

by · The Markets Daily

Terra Classic (LUNC) traded 6.7% lower against the dollar during the 24 hour period ending at 9:00 AM Eastern on November 26th. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. In the last week, Terra Classic has traded 5.3% higher against the dollar. Terra Classic has a market cap of $628.00 million and approximately $88.52 million worth of Terra Classic was traded on exchanges in the last day.

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

  • TRON (TRX) traded down 6% against the dollar and now trades at $0.19 or 0.00000206 BTC.
  • Tezos (XTZ) traded down 9.6% against the dollar and now trades at $1.17 or 0.00001269 BTC.
  • aelf (ELF) traded down 10.7% against the dollar and now trades at $0.62 or 0.00000668 BTC.
  • Terra (LUNA) traded 5.3% lower against the dollar and now trades at $0.46 or 0.00000501 BTC.
  • GXChain (GXC) traded down 1.6% against the dollar and now trades at $0.39 or 0.00000419 BTC.
  • Adshares (ADS) traded 4.1% lower against the dollar and now trades at $0.29 or 0.00000311 BTC.
  • BitShares (BTS) traded 8.9% lower against the dollar and now trades at $0.0020 or 0.00000002 BTC.

Terra Classic Profile

LUNC uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,517,705,566,860 coins and its circulating supply is 5,504,912,035,225 coins. Terra Classic’s official message board is medium.com/terra-money. The official website for Terra Classic is terraclassic.co.uk. 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 currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView