Terra Classic Self Reported Market Capitalization Tops $615.79 Million (LUNC)

Terra Classic (LUNC) traded up 3.3% against the US dollar during the 1 day period ending at 9:00 AM ET on April 26th. During the last week, Terra Classic has traded 3.2% higher against the US dollar. One Terra Classic coin can currently be purchased for $0.0001 or 0.00000000 BTC on popular exchanges. Terra Classic has a total market cap of $615.79 million and $53.95 million worth of Terra Classic was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 3.1% higher against the dollar and now trades at $0.12 or 0.00000186 BTC.
• Tezos (XTZ) traded 0.7% lower against the dollar and now trades at $1.00 or 0.00001559 BTC.
• Terra (LUNA) traded 0.5% higher against the dollar and now trades at $0.62 or 0.00000964 BTC.
• aelf (ELF) traded 3.1% lower against the dollar and now trades at $0.59 or 0.00000927 BTC.
• GXChain (GXC) traded up 0.4% against the dollar and now trades at $0.40 or 0.00000623 BTC.
• Adshares (ADS) traded 5.5% lower against the dollar and now trades at $0.41 or 0.00000645 BTC.
• BitShares (BTS) traded up 0.3% against the dollar and now trades at $0.0034 or 0.00000005 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,796,339,189,089 coins and its circulating supply is 5,817,516,492,457 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. 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.”

Buying and Selling Terra Classic

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

LUNC/USD price chart by TradingView