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

Terra Classic (LUNC) traded up 7.7% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM Eastern on November 6th. One Terra Classic coin can currently be bought for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Over the last seven days, Terra Classic has traded 1.1% lower against the U.S. dollar. Terra Classic has a total market cap of $508.77 million and $31.23 million worth of Terra Classic was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over 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 up 6.4% 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 up 5% against the dollar and now trades at $0.24 or 0.00000312 BTC.
• BitShares (BTS) traded 3% higher against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Classic Coin Profile

Terra Classic 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. 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. Terra Classic’s official message board 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 purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView