Terra Classic Hits Self Reported Market Cap of $242.73 Million (LUNC)

Terra Classic (LUNC) traded down 5.6% against the US dollar during the twenty-four hour period ending at 9:00 AM Eastern on April 18th. Terra Classic has a total market cap of $242.73 million and approximately $4.34 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be bought for about $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges. Over the last seven days, Terra Classic has traded 6.7% higher against the US dollar.

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

• TRON (TRX) traded up 1% against the dollar and now trades at $0.33 or 0.00000431 BTC.
• Tezos (XTZ) traded down 4.4% against the dollar and now trades at $0.37 or 0.00000485 BTC.
• aelf (ELF) traded down 0.3% against the dollar and now trades at $0.0817 or 0.00000107 BTC.
• Terra (LUNA) traded 3.3% lower against the dollar and now trades at $0.0602 or 0.00000079 BTC.
• GXChain (GXC) traded up 2.2% against the dollar and now trades at $0.34 or 0.00000451 BTC.
• Adshares (ADS) traded 0.1% lower against the dollar and now trades at $0.60 or 0.00000793 BTC.
• BitShares (BTS) traded 0.9% higher against the dollar and now trades at $0.0010 or 0.00000001 BTC.

Terra Classic Coin Profile

Terra Classic (LUNC) uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,463,838,110,834 coins and its circulating supply is 5,473,398,832,068 coins. The official message board for Terra Classic is medium.com/terra-money. The official website for Terra Classic is www.terra-classic.io. 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.

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