Terra Classic (LUNC) Hits Self Reported Market Capitalization of $807.24 Million

Terra Classic (LUNC) traded 3.6% higher against the US dollar during the 1 day period ending at 17:00 PM E.T. on April 8th. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on major exchanges. During the last week, Terra Classic has traded 7.2% lower against the US dollar. Terra Classic has a market cap of $807.24 million and $35.34 million worth of Terra Classic was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 2.2% against the dollar and now trades at $0.12 or 0.00000171 BTC.
• Tezos (XTZ) traded up 5.4% against the dollar and now trades at $1.33 or 0.00001850 BTC.
• Terra (LUNA) traded up 4.5% against the dollar and now trades at $0.94 or 0.00001302 BTC.
• aelf (ELF) traded 2.8% higher against the dollar and now trades at $0.65 or 0.00000899 BTC.
• GXChain (GXC) traded 6.8% higher against the dollar and now trades at $0.49 or 0.00000683 BTC.
• Adshares (ADS) traded up 2.4% against the dollar and now trades at $0.47 or 0.00000656 BTC.
• BitShares (BTS) traded 1.6% higher against the dollar and now trades at $0.0040 or 0.00000006 BTC.

Terra Classic Coin Profile

Terra Classic (LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,797,361,965,194 coins and its circulating supply is 5,820,100,881,323 coins. 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. The official message board for Terra Classic is medium.com/terra-money. The official website for Terra Classic 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 presently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini 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