Terra Classic Hits Self Reported Market Cap of $487.69 Million (LUNC)

Terra Classic (LUNC) traded up 7.6% against the U.S. dollar during the one day period ending at 10:00 AM ET on September 10th. Over the last seven days, Terra Classic has traded up 12.2% against the U.S. dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. Terra Classic has a market capitalization of $487.69 million and approximately $25.55 million worth of Terra Classic was traded on exchanges in the last day.

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

• TRON (TRX) traded down 1.2% against the dollar and now trades at $0.15 or 0.00000269 BTC.
• Tezos (XTZ) traded 1.3% higher against the dollar and now trades at $0.64 or 0.00001125 BTC.
• Terra (LUNA) traded up 14.6% against the dollar and now trades at $0.39 or 0.00000688 BTC.
• aelf (ELF) traded 0.7% higher against the dollar and now trades at $0.36 or 0.00000643 BTC.
• GXChain (GXC) traded 1.2% higher against the dollar and now trades at $0.31 or 0.00000550 BTC.
• Adshares (ADS) traded 0.1% higher against the dollar and now trades at $0.21 or 0.00000375 BTC.
• BitShares (BTS) traded up 1.3% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Terra Classic

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 5,711,874,759,917 coins. 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. 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 currently 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 exchanges listed above.

LUNC/USD price chart by TradingView