Terra Classic (LUNC) Hits Self Reported Market Cap of $492.42 Million

Terra Classic (LUNC) traded 4.2% higher against the dollar during the 24-hour period ending at 13:00 PM ET on July 19th. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on exchanges. Terra Classic has a market cap of $492.42 million and approximately $26.65 million worth of Terra Classic was traded on exchanges in the last day. In the last week, Terra Classic has traded 27.2% higher against the dollar.

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

• TRON (TRX) traded 0.6% higher against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Tezos (XTZ) traded up 3% against the dollar and now trades at $0.82 or 0.00001233 BTC.
• Terra (LUNA) traded 4.5% higher against the dollar and now trades at $0.45 or 0.00000675 BTC.
• aelf (ELF) traded 1.2% higher against the dollar and now trades at $0.40 or 0.00000602 BTC.
• GXChain (GXC) traded 3.4% lower against the dollar and now trades at $0.35 or 0.00000525 BTC.
• Adshares (ADS) traded up 4.9% against the dollar and now trades at $0.40 or 0.00000594 BTC.
• BitShares (BTS) traded 2.3% lower against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Terra Classic Profile

Terra Classic uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,441,096,195,242 coins. Terra Classic’s official website 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. 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 currently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView