Terra Classic Self Reported Market Cap Achieves $508.77 Million (LUNC)

Terra Classic (LUNC) traded 7.7% higher against the US dollar during the twenty-four hour period ending at 18:00 PM ET on November 6th. In the last seven days, Terra Classic has traded down 1.1% against the US dollar. One Terra Classic coin can now be purchased for $0.0001 or 0.00000000 BTC on major exchanges. Terra Classic has a market capitalization of $508.77 million and approximately $31.23 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 up 1.6% against the dollar and now trades at $0.16 or 0.00000215 BTC.
• Tezos (XTZ) traded 6.4% higher against the dollar and now trades at $0.65 or 0.00000865 BTC.
• aelf (ELF) traded up 6.2% against the dollar and now trades at $0.35 or 0.00000465 BTC.
• Terra (LUNA) traded up 9.6% against the dollar and now trades at $0.34 or 0.00000454 BTC.
• GXChain (GXC) traded down 1.9% against the dollar and now trades at $0.34 or 0.00000445 BTC.
• Adshares (ADS) traded 5% higher against the dollar and now trades at $0.24 or 0.00000312 BTC.
• BitShares (BTS) traded up 3% against the dollar and now trades at $0.0016 or 0.00000002 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 5,455,670,642,610 coins. Terra Classic’s official website is terraclassic.co.uk. 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.

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 buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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