Terra Classic Self Reported Market Cap Tops $278.40 Million (LUNC)

Terra Classic (LUNC) traded 1.6% lower against the U.S. dollar during the 1-day period ending at 7:00 AM ET on September 13th. Over the last seven days, Terra Classic has traded down 3.7% against the U.S. dollar. Terra Classic has a market cap of $278.40 million and $6.55 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 major exchanges.

Here is how related cryptocurrencies have performed over the last day:

• TRON (TRX) traded 0.1% higher against the dollar and now trades at $0.34 or 0.00000444 BTC.
• Tezos (XTZ) traded 3.7% higher against the dollar and now trades at $0.26 or 0.00000345 BTC.
• aelf (ELF) traded 31% higher against the dollar and now trades at $0.0732 or 0.00000096 BTC.
• Terra (LUNA) traded 0.9% lower against the dollar and now trades at $0.0464 or 0.00000061 BTC.
• Adshares (ADS) traded 1.1% lower against the dollar and now trades at $0.46 or 0.00000602 BTC.
• BitShares (BTS) traded up 0.5% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,449,692,868,224 coins and its circulating supply is 5,520,697,454,176 coins. 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 message board for Terra Classic is medium.com/terra-money. Terra Classic’s official website is www.terra-classic.io.

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 US dollars. Investors seeking to acquire Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView