Terra Classic (LUNC) Hits Self Reported Market Capitalization of $589.63 Million

Terra Classic (LUNC) traded up 2.5% against the US dollar during the 1 day period ending at 15:00 PM E.T. on April 16th. During the last seven days, Terra Classic has traded 24.4% lower against the US dollar. Terra Classic has a market capitalization of $589.63 million and $39.70 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0% higher against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Tezos (XTZ) traded 2.3% higher against the dollar and now trades at $1.00 or 0.00001593 BTC.
• Terra (LUNA) traded up 4% against the dollar and now trades at $0.61 or 0.00000964 BTC.
• aelf (ELF) traded 1.2% higher against the dollar and now trades at $0.56 or 0.00000889 BTC.
• GXChain (GXC) traded down 5.6% against the dollar and now trades at $0.41 or 0.00000653 BTC.
• Adshares (ADS) traded down 5.4% against the dollar and now trades at $0.36 or 0.00000575 BTC.
• BitShares (BTS) traded down 3.3% 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 launched on April 23rd, 2019. Terra Classic’s total supply is 6,796,757,565,409 coins and its circulating supply is 5,825,763,528,814 coins. The official message board for Terra Classic is medium.com/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. The official website for Terra Classic 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 buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView

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