Terra Classic (LUNC) Self Reported Market Cap Hits $498.14 Million

Terra Classic (LUNC) traded 2.4% lower against the US dollar during the 1 day period ending at 18:00 PM ET on November 2nd. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Terra Classic has a total market cap of $498.14 million and approximately $12.73 million worth of Terra Classic was traded on exchanges in the last 24 hours. In the last week, Terra Classic has traded down 0.7% against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded down 0.8% against the dollar and now trades at $0.17 or 0.00000239 BTC.
• Tezos (XTZ) traded 0.5% lower against the dollar and now trades at $0.62 or 0.00000896 BTC.
• aelf (ELF) traded down 1.8% against the dollar and now trades at $0.34 or 0.00000493 BTC.
• Terra (LUNA) traded 1.5% lower against the dollar and now trades at $0.33 or 0.00000472 BTC.
• GXChain (GXC) traded up 0.1% against the dollar and now trades at $0.35 or 0.00000510 BTC.
• Adshares (ADS) traded down 2% against the dollar and now trades at $0.21 or 0.00000307 BTC.
• BitShares (BTS) traded down 0.5% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About Terra Classic

Terra Classic (CRYPTO:LUNC) 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 5,710,992,873,284 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 Twitter account is @terra_money. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official website is terraclassic.co.uk.

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 buy alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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