Terra Classic (LUNC) Hits Self Reported Market Capitalization of $625.91 Million

Terra Classic (LUNC) traded down 2.4% against the US dollar during the 1-day period ending at 9:00 AM Eastern on December 28th. In the last week, Terra Classic has traded down 0.1% against the US dollar. Terra Classic has a market cap of $625.91 million and $41.70 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on major exchanges.

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

• TRON (TRX) traded down 2% against the dollar and now trades at $0.26 or 0.00000272 BTC.
• Tezos (XTZ) traded up 1.8% against the dollar and now trades at $1.37 or 0.00001446 BTC.
• aelf (ELF) traded up 3.2% against the dollar and now trades at $0.46 or 0.00000480 BTC.
• Terra (LUNA) traded 3.2% lower against the dollar and now trades at $0.44 or 0.00000461 BTC.
• GXChain (GXC) traded up 3.1% against the dollar and now trades at $0.43 or 0.00000456 BTC.
• Adshares (ADS) traded up 0.1% against the dollar and now trades at $0.74 or 0.00000781 BTC.
• BitShares (BTS) traded down 9.3% against the dollar and now trades at $0.0013 or 0.00000001 BTC.

Terra Classic Profile

Terra Classic (LUNC) uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,512,964,527,017 coins and its circulating supply is 5,510,126,231,046 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 message board is medium.com/terra-money. Terra Classic’s official website is terraclassic.co.uk. 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 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 GDAX, Gemini or Changelly. 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