Terra Classic Hits Self Reported Market Capitalization of $513.07 Million (LUNC)

Terra Classic (LUNC) traded up 1% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on October 18th. Terra Classic has a total market capitalization of $513.07 million and $12.37 million worth of Terra Classic was traded on exchanges in the last 24 hours. Over the last week, Terra Classic has traded 3.8% higher against the US dollar. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded down 0.4% against the dollar and now trades at $0.16 or 0.00000234 BTC.
• Tezos (XTZ) traded up 0% against the dollar and now trades at $0.68 or 0.00001000 BTC.
• aelf (ELF) traded up 0.6% against the dollar and now trades at $0.38 or 0.00000556 BTC.
• Terra (LUNA) traded up 0.6% against the dollar and now trades at $0.37 or 0.00000536 BTC.
• GXChain (GXC) traded down 11.1% against the dollar and now trades at $0.37 or 0.00000538 BTC.
• Adshares (ADS) traded down 6.1% against the dollar and now trades at $0.21 or 0.00000308 BTC.
• BitShares (BTS) traded 2.2% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Terra Classic

Terra Classic (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 5,708,012,755,246 coins. Terra Classic’s official Twitter account 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 message board is medium.com/terra-money. The official website for Terra Classic is terraclassic.co.uk.

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 currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX 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