Terra Classic (LUNC) Reaches Self Reported Market Capitalization of $583.48 Million

Terra Classic (LUNC) traded down 6.2% against the US dollar during the 24 hour period ending at 8:00 AM ET on April 16th. In the last seven days, Terra Classic has traded 27.7% lower against the US dollar. Terra Classic has a market cap of $583.48 million and $52.02 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be bought for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded down 3% against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Tezos (XTZ) traded 6.9% lower against the dollar and now trades at $1.01 or 0.00001599 BTC.
• Terra (LUNA) traded 6.2% lower against the dollar and now trades at $0.60 or 0.00000957 BTC.
• aelf (ELF) traded down 5.8% against the dollar and now trades at $0.55 or 0.00000872 BTC.
• GXChain (GXC) traded down 4% against the dollar and now trades at $0.42 or 0.00000666 BTC.
• Adshares (ADS) traded down 7.5% against the dollar and now trades at $0.37 or 0.00000582 BTC.
• BitShares (BTS) traded 7.2% lower against the dollar and now trades at $0.0030 or 0.00000005 BTC.

About Terra Classic

Terra Classic (LUNC) uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,796,826,938,167 coins and its circulating supply is 5,833,128,012,898 coins. The official message board for Terra Classic is medium.com/terra-money. The official website for Terra Classic is terra.money. 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.

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