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

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

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 3% lower 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 down 7.2% against the dollar and now trades at $0.0030 or 0.00000005 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. It was first traded 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. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official Twitter account is @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.

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 possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView

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