Terra Classic (LUNC) Reaches Self Reported Market Cap of $485.96 Million

Terra Classic (LUNC) traded 0.1% lower against the US dollar during the 24 hour period ending at 23:00 PM E.T. on September 23rd. One Terra Classic coin can now be purchased for about $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a total market cap of $485.96 million and approximately $14.27 million worth of Terra Classic was traded on exchanges in the last day. Over the last seven days, Terra Classic has traded 5.7% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded up 0.2% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Tezos (XTZ) traded down 0.5% against the dollar and now trades at $0.69 or 0.00001091 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.39 or 0.00000624 BTC.
• Terra (LUNA) traded 2.1% lower against the dollar and now trades at $0.38 or 0.00000608 BTC.
• GXChain (GXC) traded up 6% against the dollar and now trades at $0.34 or 0.00000538 BTC.
• Adshares (ADS) traded down 1.9% against the dollar and now trades at $0.21 or 0.00000327 BTC.
• BitShares (BTS) traded 0.4% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

About Terra Classic

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 5,695,637,046,009 coins. The official website for Terra Classic is terra.money. Terra Classic’s official message board is medium.com/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 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.”

Terra Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView