Terra Classic (LUNC) Self Reported Market Capitalization Reaches $465.73 Million

Terra Classic (LUNC) traded up 21.5% against the US dollar during the 24 hour period ending at 23:00 PM E.T. on August 10th. Terra Classic has a total market cap of $465.73 million and $86.43 million worth of Terra Classic was traded on exchanges in the last 24 hours. Over the last seven days, Terra Classic has traded up 20.1% against the US dollar. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on major exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded 0.2% higher against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Tezos (XTZ) traded up 0.8% against the dollar and now trades at $0.69 or 0.00001126 BTC.
• aelf (ELF) traded 1% lower against the dollar and now trades at $0.40 or 0.00000651 BTC.
• Terra (LUNA) traded up 7.8% against the dollar and now trades at $0.35 or 0.00000575 BTC.
• GXChain (GXC) traded 0.1% higher against the dollar and now trades at $0.37 or 0.00000608 BTC.
• Adshares (ADS) traded up 1.3% against the dollar and now trades at $0.23 or 0.00000380 BTC.
• BitShares (BTS) traded up 4.8% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Classic Coin Profile

Terra Classic 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 5,438,896,708,580 coins. Terra Classic’s official Twitter account is @terra_money. The official message board for Terra Classic 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 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 presently possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView