Terra Classic (LUNC) Hits Self Reported Market Capitalization of $508.44 Million

Terra Classic (LUNC) traded down 4.8% against the US dollar during the 1 day period ending at 23:00 PM E.T. on October 1st. Terra Classic has a market cap of $508.44 million and $63.44 million worth of Terra Classic was traded on exchanges in the last day. During the last week, Terra Classic has traded up 0.4% against the US dollar. One Terra Classic coin can now be purchased for $0.0001 or 0.00000000 BTC on exchanges.

Here is how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded down 1.4% against the dollar and now trades at $0.15 or 0.00000249 BTC.
• Tezos (XTZ) traded down 5.6% against the dollar and now trades at $0.67 or 0.00001083 BTC.
• aelf (ELF) traded 6.5% lower against the dollar and now trades at $0.38 or 0.00000608 BTC.
• Terra (LUNA) traded down 6.1% against the dollar and now trades at $0.39 or 0.00000628 BTC.
• GXChain (GXC) traded 4.7% lower against the dollar and now trades at $0.33 or 0.00000533 BTC.
• Adshares (ADS) traded 0.9% lower against the dollar and now trades at $0.20 or 0.00000331 BTC.
• BitShares (BTS) traded 4.6% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Classic 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 5,712,996,586,521 coins. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is terra.money. The official message board for Terra Classic 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.

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 US dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase 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