Terra Classic Hits Self Reported Market Capitalization of $454.20 Million (LUNC)

Terra Classic (LUNC) traded 2.4% lower against the dollar during the twenty-four hour period ending at 10:00 AM ET on September 18th. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a market capitalization of $454.20 million and $14.63 million worth of Terra Classic was traded on exchanges in the last day. Over the last seven days, Terra Classic has traded 3.9% lower against the dollar.

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

• TRON (TRX) traded down 0.5% against the dollar and now trades at $0.15 or 0.00000251 BTC.
• Tezos (XTZ) traded down 2% against the dollar and now trades at $0.62 or 0.00001042 BTC.
• aelf (ELF) traded 1.8% lower against the dollar and now trades at $0.35 or 0.00000587 BTC.
• Terra (LUNA) traded down 5.5% against the dollar and now trades at $0.36 or 0.00000604 BTC.
• GXChain (GXC) traded up 1.5% against the dollar and now trades at $0.29 or 0.00000488 BTC.
• Adshares (ADS) traded up 3.3% against the dollar and now trades at $0.21 or 0.00000343 BTC.
• BitShares (BTS) traded 0.8% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Terra Classic Profile

Terra Classic (LUNC) uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,703,863,159,065 coins. Terra Classic’s official message board is medium.com/terra-money. The official website for Terra Classic 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.

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 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, Coinbase or Gemini. 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