Terra Classic Achieves Self Reported Market Cap of $399.75 Million (LUNC)

Terra Classic (LUNC) traded 7.2% lower against the US dollar during the 1-day period ending at 7:00 AM Eastern on July 4th. During the last seven days, Terra Classic has traded down 11.4% against the US dollar. Terra Classic has a market capitalization of $399.75 million and $28.85 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.8% lower against the dollar and now trades at $0.13 or 0.00000219 BTC.
• Tezos (XTZ) traded 5.7% lower against the dollar and now trades at $0.73 or 0.00001259 BTC.
• Terra (LUNA) traded down 6% against the dollar and now trades at $0.38 or 0.00000661 BTC.
• aelf (ELF) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00000574 BTC.
• GXChain (GXC) traded 4.7% lower against the dollar and now trades at $0.34 or 0.00000583 BTC.
• Adshares (ADS) traded down 4.2% against the dollar and now trades at $0.37 or 0.00000644 BTC.
• BitShares (BTS) traded 8.4% lower against the dollar and now trades at $0.0020 or 0.00000004 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,470,207,517,449 coins. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website 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.

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 purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView