Terra Classic (LUNC) Achieves Self Reported Market Cap of $469.62 Million

Terra Classic (LUNC) traded 3.6% lower against the U.S. dollar during the 1-day period ending at 18:00 PM Eastern on September 22nd. In the last week, Terra Classic has traded 1.9% lower against the U.S. dollar. Terra Classic has a total market cap of $469.62 million and approximately $13.67 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

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

• TRON (TRX) traded 0.2% lower against the dollar and now trades at $0.15 or 0.00000242 BTC.
• Tezos (XTZ) traded 2.9% lower against the dollar and now trades at $0.68 or 0.00001079 BTC.
• aelf (ELF) traded 4.3% lower against the dollar and now trades at $0.39 or 0.00000614 BTC.
• Terra (LUNA) traded 3.6% lower against the dollar and now trades at $0.38 or 0.00000599 BTC.
• GXChain (GXC) traded 2.6% lower against the dollar and now trades at $0.32 or 0.00000508 BTC.
• Adshares (ADS) traded 16.2% higher against the dollar and now trades at $0.21 or 0.00000331 BTC.
• BitShares (BTS) traded 0.6% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Terra Classic Coin 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 5,696,271,871,669 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. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official website 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 currently possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView