Terra Classic (LUNC) Achieves Self Reported Market Cap of $802.57 Million

Terra Classic (LUNC) traded down 1.4% against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on April 4th. Terra Classic has a total market cap of $802.57 million and $34.49 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be purchased for $0.0001 or 0.00000000 BTC on major exchanges. During the last week, Terra Classic has traded down 10.4% against the U.S. dollar.

Here is how other 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 down 0.2% against the dollar and now trades at $0.12 or 0.00000178 BTC.
  • Tezos (XTZ) traded up 0.5% against the dollar and now trades at $1.24 or 0.00001879 BTC.
  • Terra (LUNA) traded 3.4% lower against the dollar and now trades at $0.92 or 0.00001395 BTC.
  • aelf (ELF) traded 1.1% higher against the dollar and now trades at $0.59 or 0.00000890 BTC.
  • GXChain (GXC) traded 10.4% lower against the dollar and now trades at $0.42 or 0.00000627 BTC.
  • Adshares (ADS) traded 4.9% higher against the dollar and now trades at $0.43 or 0.00000654 BTC.
  • BitShares (BTS) traded 0% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,797,559,887,059 coins and its circulating supply is 5,823,863,964,360 coins. The official message board for Terra Classic is medium.com/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. Terra Classic’s official Twitter account 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.”

Terra Classic Coin Trading

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

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