Terra Classic (LUNC) Reaches Self Reported Market Cap of $531.45 Million

Terra Classic (LUNC) traded up 0.5% against the dollar during the twenty-four hour period ending at 12:00 PM ET on June 15th. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. In the last week, Terra Classic has traded down 10.1% against the dollar. Terra Classic has a market cap of $531.45 million and $19.87 million worth of Terra Classic was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded down 1.4% against the dollar and now trades at $0.11 or 0.00000173 BTC.
• Tezos (XTZ) traded 1.3% lower against the dollar and now trades at $0.82 or 0.00001239 BTC.
• Terra (LUNA) traded 2.1% lower against the dollar and now trades at $0.50 or 0.00000759 BTC.
• aelf (ELF) traded down 2.6% against the dollar and now trades at $0.41 or 0.00000625 BTC.
• GXChain (GXC) traded down 0.1% against the dollar and now trades at $0.38 or 0.00000579 BTC.
• Adshares (ADS) traded down 0.8% against the dollar and now trades at $0.46 or 0.00000689 BTC.
• BitShares (BTS) traded down 1.1% against the dollar and now trades at $0.0028 or 0.00000004 BTC.

About Terra Classic

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,521,369,014,100 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 website is terra.money. Terra Classic’s official message board is medium.com/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 possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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