Terra Classic (LUNC) Achieves Self Reported Market Cap of $575.30 Million

Terra Classic (LUNC) traded down 2.8% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on April 30th. In the last week, Terra Classic has traded 10.3% lower against the US dollar. Terra Classic has a market capitalization of $575.30 million and approximately $25.52 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on popular exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.2% against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Tezos (XTZ) traded down 5.9% against the dollar and now trades at $0.92 or 0.00001497 BTC.
• aelf (ELF) traded down 4.9% against the dollar and now trades at $0.56 or 0.00000913 BTC.
• Terra (LUNA) traded down 5.6% against the dollar and now trades at $0.56 or 0.00000908 BTC.
• GXChain (GXC) traded 3.4% lower against the dollar and now trades at $0.38 or 0.00000629 BTC.
• Adshares (ADS) traded 1.8% lower against the dollar and now trades at $0.41 or 0.00000668 BTC.
• BitShares (BTS) traded down 2% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Terra Classic Profile

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,796,221,606,305 coins and its circulating supply is 5,800,016,786,646 coins. Terra Classic’s official Twitter account is @terra_money. The official message board for Terra Classic is medium.com/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.”

Terra Classic Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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