Terra Classic (LUNC) Self Reported Market Cap Hits $463.84 Million

Terra Classic (LUNC) traded down 5.6% against the dollar during the 1-day period ending at 11:00 AM E.T. on September 16th. In the last seven days, Terra Classic has traded up 2.4% against the dollar. One Terra Classic coin can now be purchased for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Terra Classic has a market capitalization of $463.84 million and approximately $18.60 million worth of Terra Classic was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 0.6% against the dollar and now trades at $0.15 or 0.00000257 BTC.
• Tezos (XTZ) traded down 3.9% against the dollar and now trades at $0.62 or 0.00001080 BTC.
• Terra (LUNA) traded 10% lower against the dollar and now trades at $0.38 or 0.00000649 BTC.
• aelf (ELF) traded 5.1% lower against the dollar and now trades at $0.35 or 0.00000608 BTC.
• GXChain (GXC) traded up 4.1% against the dollar and now trades at $0.31 or 0.00000529 BTC.
• Adshares (ADS) traded 26.8% lower against the dollar and now trades at $0.20 or 0.00000342 BTC.
• BitShares (BTS) traded up 3% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Terra Classic

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 5,705,443,752,793 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 Twitter account is @terra_money. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official website 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 currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView