Terra Classic Self Reported Market Capitalization Tops $907.12 Million (LUNC)

Terra Classic (LUNC) traded 0.4% higher against the dollar during the 1 day period ending at 12:00 PM Eastern on March 28th. One Terra Classic coin can currently be bought for about $0.0002 or 0.00000000 BTC on cryptocurrency exchanges. In the last seven days, Terra Classic has traded up 10.4% against the dollar. Terra Classic has a market capitalization of $907.12 million and approximately $48.20 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded up 0.7% against the dollar and now trades at $0.12 or 0.00000170 BTC.
  • Tezos (XTZ) traded up 1.6% against the dollar and now trades at $1.39 or 0.00001957 BTC.
  • Terra (LUNA) traded down 1.5% against the dollar and now trades at $1.10 or 0.00001546 BTC.
  • aelf (ELF) traded up 3.3% against the dollar and now trades at $0.66 or 0.00000932 BTC.
  • GXChain (GXC) traded up 0.7% against the dollar and now trades at $0.51 or 0.00000723 BTC.
  • Adshares (ADS) traded down 1.8% against the dollar and now trades at $0.49 or 0.00000690 BTC.
  • BitShares (BTS) traded 2% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,802,093,250,036 coins and its circulating supply is 5,832,211,693,895 coins. The official website for Terra Classic is terra.money. 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. 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.”

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

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