Terra Classic Self Reported Market Cap Achieves $439.20 Million (LUNC)

Terra Classic (LUNC) traded 1.8% higher against the US dollar during the twenty-four hour period ending at 23:00 PM ET on September 8th. During the last week, Terra Classic has traded up 3% against the US dollar. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a market cap of $439.20 million and $8.03 million worth of Terra Classic was traded on exchanges in the last day.

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

  • TRON (TRX) traded 0.8% higher against the dollar and now trades at $0.15 or 0.00000279 BTC.
  • Tezos (XTZ) traded up 1% against the dollar and now trades at $0.62 or 0.00001126 BTC.
  • aelf (ELF) traded 3.1% higher against the dollar and now trades at $0.36 or 0.00000658 BTC.
  • Terra (LUNA) traded up 1.3% against the dollar and now trades at $0.33 or 0.00000607 BTC.
  • GXChain (GXC) traded 4.2% higher against the dollar and now trades at $0.32 or 0.00000578 BTC.
  • Adshares (ADS) traded 2% higher against the dollar and now trades at $0.21 or 0.00000383 BTC.
  • BitShares (BTS) traded 1.1% lower against the dollar and now trades at $0.0016 or 0.00000003 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 6,794,537,545,225 coins and its circulating supply is 5,711,886,141,958 coins. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra Classic’s official website is terra.money. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official message board is medium.com/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 currently 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the exchanges listed above.

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