Terra Classic (LUNC) Hits Self Reported Market Cap of $492.50 Million

Terra Classic (LUNC) traded 4.7% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on November 6th. Over the last week, Terra Classic has traded down 2.3% against the U.S. dollar. Terra Classic has a total market capitalization of $492.50 million and approximately $29.42 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges.

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

• TRON (TRX) traded 0.8% higher against the dollar and now trades at $0.16 or 0.00000221 BTC.
• Tezos (XTZ) traded up 5.5% against the dollar and now trades at $0.64 or 0.00000866 BTC.
• aelf (ELF) traded 4.5% higher against the dollar and now trades at $0.35 or 0.00000467 BTC.
• Terra (LUNA) traded up 5.2% against the dollar and now trades at $0.33 or 0.00000445 BTC.
• GXChain (GXC) traded 0.7% higher against the dollar and now trades at $0.34 or 0.00000454 BTC.
• Adshares (ADS) traded 2.5% higher against the dollar and now trades at $0.23 or 0.00000316 BTC.
• BitShares (BTS) traded up 4.8% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Terra Classic

LUNC uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,454,793,793,732 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 website for Terra Classic is terraclassic.co.uk. 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.”

Terra Classic Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView