Terra Classic (LUNC) Self Reported Market Cap Hits $463.84 Million

Terra Classic (LUNC) traded 5.6% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on September 16th. Terra Classic has a market capitalization of $463.84 million and approximately $18.60 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. In the last week, Terra Classic has traded 2.4% higher against the US dollar.

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

• TRON (TRX) traded 0.6% lower against the dollar and now trades at $0.15 or 0.00000257 BTC.
• Tezos (XTZ) traded down 3.9% against the dollar and now trades at $0.62 or 0.00001080 BTC.
• Terra (LUNA) traded down 10% against the dollar and now trades at $0.38 or 0.00000649 BTC.
• aelf (ELF) traded 5.1% lower against the dollar and now trades at $0.35 or 0.00000608 BTC.
• GXChain (GXC) traded 4.1% higher against the dollar and now trades at $0.31 or 0.00000529 BTC.
• Adshares (ADS) traded 26.8% lower against the dollar and now trades at $0.20 or 0.00000342 BTC.
• BitShares (BTS) traded 3% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Terra Classic Profile

LUNC uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,705,443,752,793 coins. 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. Terra Classic’s official Twitter account is @terra_money. The official message board for Terra Classic is medium.com/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 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 GDAX, Gemini or Changelly. 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