Terra Classic (LUNC) Hits Self Reported Market Capitalization of $633.26 Million

Terra Classic (LUNC) traded 3.4% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on January 5th. In the last seven days, Terra Classic has traded 1.5% higher against the U.S. dollar. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a total market capitalization of $633.26 million and approximately $43.21 million worth of Terra Classic was traded on exchanges in the last day.

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

• TRON (TRX) traded down 3.8% against the dollar and now trades at $0.26 or 0.00000268 BTC.
• Tezos (XTZ) traded 1.5% lower against the dollar and now trades at $1.42 or 0.00001457 BTC.
• aelf (ELF) traded 0.5% higher against the dollar and now trades at $0.49 or 0.00000505 BTC.
• Terra (LUNA) traded 3.2% lower against the dollar and now trades at $0.46 or 0.00000468 BTC.
• GXChain (GXC) traded 1% lower against the dollar and now trades at $0.41 or 0.00000420 BTC.
• Adshares (ADS) traded up 0.2% against the dollar and now trades at $0.73 or 0.00000750 BTC.
• BitShares (BTS) traded up 9.1% against the dollar and now trades at $0.0018 or 0.00000002 BTC.

Terra Classic Profile

Terra Classic (LUNC) uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,511,004,888,101 coins and its circulating supply is 5,504,672,800,070 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 commonwealth.im/terra-luna-classic-lunc. 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 presently 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 Changelly, GDAX 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