Live Terra Classic (LUNC) Price Overview
The current price of Terra Classic (LUNC) is $0.00005636**, with a 24-hour trading volume of **$115,114. Over the past day, LUNC has experienced a -3.8% price fluctuation, while its USD value has increased by +2.21% over the last week. With a circulating supply of 5.46T LUNC, Terra Classic's market capitalization stands at $307.25M, ranking it #105 among cryptocurrencies by market cap.
Key Metrics
- 24-Hour Low/High: $0.00005580 / $0.00005879
- 7-Day Change: +2.46% ($0.00000135)
- 30-Day Change: -6.60% ($-0.00000398)
- All-Time High (ATH): $119.18 (100% below current price)
- All-Time Low (ATL): $0.00001675 (236.33% above current price)
Understanding Terra Classic (LUNC)
What Is Terra Classic (LUNC)?
Terra Classic (LUNC) is the native token of the Terra Classic blockchain, originally part of the Terra ecosystem before its rebranding. It serves as collateral to stabilize Terra’s algorithmic stablecoins (e.g., USTC) and facilitates transactions, governance, and staking within the network.
👉 Explore LUNC trading pairs on KuCoin
Core Use Cases
- Stability Mechanism: LUNC is burned/minted to balance USTC’s peg to the USD.
- Governance: Holders vote on network upgrades and new stablecoin integrations.
- Staking: Users earn rewards by validating transactions or delegating tokens.
Market Performance Analysis
Historical Price Trends
| Period | Price Change | Percentage Change |
|--------------|--------------|-------------------|
| 24 Hours | -$0.00000209 | -3.56% |
| 7 Days | +$0.00000135 | +2.46% |
| 30 Days | -$0.00000398 | -6.60% |
| 90 Days | -$0.00000681 | -10.80% |
Investment Sentiment
KuCoin’s Investment Barometer rates LUNC as Neutral, reflecting balanced market sentiment.
Risk Warning: Cryptocurrency investments are volatile. Conduct independent research before trading.
Frequently Asked Questions (FAQs)
1. Is LUNC the Same as LUNA 2.0?
No. LUNC is the original token of Terra Classic (Terra 1.0), while LUNA 2.0 is the native token of the new Terra blockchain (Terra 2.0). Both coexist post-revamp.
2. How Does LUNC Maintain USTC’s Stability?
LUNC is burned when USTC demand rises, reducing supply to uphold its USD peg. Conversely, USTC is burned to mint LUNC when demand falls.
3. Can LUNC Be Stored in Terra Station?
Yes. Transfer LUNC from exchanges like KuCoin to Terra Station by:
- Selecting "Classic" network mode.
- Entering your Terra Station wallet address for withdrawal.
👉 Secure your LUNC with Terra Station
4. What Drives LUNC’s Future Value?
Factors include adoption of Terra Classic’s payment solutions, community-led burn initiatives, and broader crypto market trends.
How to Buy or Trade Terra Classic (LUNC)
- Step 1: Purchase LUNC on KuCoin’s spot market.
- Step 2: Trade LUNC/USDT pairs or convert to fiat via P2P.
Pro Tip: Use KuCoin’s lending feature to earn passive income on LUNC holdings.
Final Thoughts
Terra Classic (LUNC) remains a speculative asset with volatile price action. Monitor burn rates, governance updates, and ecosystem developments to gauge long-term potential. For real-time tracking, rely on KuCoin’s live price charts and alerts.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.