LUNC Live Price
Overview
Price
$0.00011
24h% change
-4.4%
Volume (24h)
$53.183M
Market Cap
$589.450M
What Is Terra Classic
Terra operates as a blockchain protocol leveraging fiat-pegged stablecoins to drive stable global payment systems. The concept fuses the stability and widespread acceptance of fiat currencies with Bitcoin's censorship-resistance, delivering swift and cost-effective settlements.
Initiated in January 2018, Terra officially launched its mainnet in April 2019. By September 2021, it offered stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights basket, with plans for additional variants.
On May 28, 2022, the genesis block of the new chain inaugurated future transactions under the name Terra (LUNA), while the original Terra Chain rebranded as Terra Classic. The native token, LUNA, was similarly renamed LUNA Classic (LUNC). Notably, all network stablecoins (UST, KRT, EUT) were rebranded as Terra Classic stablecoins (USTC, KRTC, EUTC), eliminating Terra stablecoins on the new chain.
Speculations suggest the term "classic" echoes the Ethereum/Ethereum Classic division in 2017. CEO Do Kwon likened the UST collapse in spring 2022 to Ethereum's DAO hack in 2017 as a pivotal moment.
Where to Accept lunc?
We offer easy crypto currency payment solutions through our service, allowing you to receive Terra Classic and over 233 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.
What is the all-time high for Terra Classic (lunc)?
Terra Classic’s historic highest price is $119.18, which was recorded on 5th of April 2022. Currently, Terra Classic’s price is %100 Lower than its historic high.
What is the all-time low for Terra Classic (lunc)?
Terra Classic’s historic lowest price is $0.00000, which was recorded on 13th of May 2022. Currently, Terra Classic’s price is %10584.7 Higher than its historic low.
What are the most important factors affecting the price of Terra Classic (lunc)?
Let's take a look at the important factors that impact Terra Classic's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.
