Terra Classic (LUNC) Self Reported Market Capitalization Achieves $661.45 Million

Terra Classic (LUNC) traded up 2.6% against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on May 24th. Over the last week, Terra Classic has traded 4.3% higher against the U.S. dollar. Terra Classic has a total market capitalization of $661.45 million and $31.04 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be purchased for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.2% higher against the dollar and now trades at $0.12 or 0.00000167 BTC.
• Tezos (XTZ) traded 5% higher against the dollar and now trades at $0.97 or 0.00001414 BTC.
• Terra (LUNA) traded 5.1% higher against the dollar and now trades at $0.61 or 0.00000886 BTC.
• aelf (ELF) traded 1.7% higher against the dollar and now trades at $0.52 or 0.00000760 BTC.
• GXChain (GXC) traded up 2.7% against the dollar and now trades at $0.41 or 0.00000599 BTC.
• Adshares (ADS) traded 1% lower against the dollar and now trades at $0.39 or 0.00000568 BTC.
• BitShares (BTS) traded up 2.4% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About 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 5,792,090,348,211 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 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.”

Buying and Selling Terra Classic

It is usually not currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView