Terra Classic Price Reaches $0.0001 (LUNC)

Terra Classic (LUNC) traded down 5.9% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM E.T. on June 11th. In the last seven days, Terra Classic has traded 12% lower against the U.S. dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a market capitalization of $596.55 million and approximately $10.14 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded 0.7% higher against the dollar and now trades at $0.12 or 0.00000175 BTC.
  • Tezos (XTZ) traded down 4.4% against the dollar and now trades at $0.82 or 0.00001216 BTC.
  • Terra (LUNA) traded 5% lower against the dollar and now trades at $0.55 or 0.00000824 BTC.
  • aelf (ELF) traded down 4.9% against the dollar and now trades at $0.43 or 0.00000633 BTC.
  • GXChain (GXC) traded 0.6% lower against the dollar and now trades at $0.39 or 0.00000585 BTC.
  • Adshares (ADS) traded down 0.6% against the dollar and now trades at $0.46 or 0.00000688 BTC.
  • BitShares (BTS) traded 1.5% lower against the dollar and now trades at $0.0029 or 0.00000004 BTC.

About Terra Classic

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 5,797,810,138,998 coins. The official message board for Terra Classic is medium.com/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. 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.”

Terra Classic Coin Trading

It is usually not presently 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, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the exchanges listed above.

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