Terra Classic (LUNC) Achieves Self Reported Market Capitalization of $520.46 Million

Terra Classic (LUNC) traded 5.4% lower against the dollar during the 1-day period ending at 22:00 PM ET on September 28th. In the last week, Terra Classic has traded 7.6% higher against the dollar. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on popular exchanges. Terra Classic has a total market cap of $520.46 million and approximately $26.10 million worth of Terra Classic was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000235 BTC.
• Tezos (XTZ) traded down 3% against the dollar and now trades at $0.74 or 0.00001125 BTC.
• aelf (ELF) traded down 1.4% against the dollar and now trades at $0.40 or 0.00000610 BTC.
• Terra (LUNA) traded 4.1% lower against the dollar and now trades at $0.41 or 0.00000629 BTC.
• GXChain (GXC) traded 3.5% lower against the dollar and now trades at $0.34 or 0.00000512 BTC.
• Adshares (ADS) traded up 0.3% against the dollar and now trades at $0.22 or 0.00000328 BTC.
• BitShares (BTS) traded 0.6% lower against the dollar and now trades at $0.0020 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 5,710,806,927,534 coins. The official website for Terra Classic 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. Terra Classic’s official message board is medium.com/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.”

Buying and Selling Terra Classic

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

LUNC/USD price chart by TradingView