Terra Classic (LUNC) Self Reported Market Capitalization Achieves $504.10 Million

Terra Classic (LUNC) traded up 1.4% against the dollar during the twenty-four hour period ending at 22:00 PM E.T. on October 26th. During the last seven days, Terra Classic has traded 2.3% lower against the dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a total market capitalization of $504.10 million and $14.97 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1.8% higher against the dollar and now trades at $0.17 or 0.00000248 BTC.
• Tezos (XTZ) traded 0.1% higher against the dollar and now trades at $0.63 or 0.00000944 BTC.
• aelf (ELF) traded up 0.9% against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Terra (LUNA) traded up 2% against the dollar and now trades at $0.34 or 0.00000500 BTC.
• GXChain (GXC) traded 0.9% lower against the dollar and now trades at $0.35 or 0.00000524 BTC.
• Adshares (ADS) traded 0.8% higher against the dollar and now trades at $0.22 or 0.00000329 BTC.
• BitShares (BTS) traded 1.6% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,708,694,414,377 coins. Terra Classic’s official message board 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. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is terraclassic.co.uk.

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 purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase 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 purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView