Terra Classic Reaches Self Reported Market Capitalization of $464.92 Million (LUNC)

Terra Classic (LUNC) traded 4.2% higher against the US dollar during the 24 hour period ending at 20:00 PM E.T. on July 26th. One Terra Classic coin can now be bought for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. Over the last week, Terra Classic has traded down 5.4% against the US dollar. Terra Classic has a market cap of $464.92 million and approximately $13.54 million worth of Terra Classic was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.14 or 0.00000202 BTC.
• Tezos (XTZ) traded 4.1% higher against the dollar and now trades at $0.78 or 0.00001145 BTC.
• Terra (LUNA) traded 6.1% higher against the dollar and now trades at $0.42 or 0.00000614 BTC.
• aelf (ELF) traded up 3.4% against the dollar and now trades at $0.40 or 0.00000583 BTC.
• GXChain (GXC) traded 10.4% lower against the dollar and now trades at $0.35 or 0.00000508 BTC.
• Adshares (ADS) traded 5.7% higher against the dollar and now trades at $0.32 or 0.00000467 BTC.
• BitShares (BTS) traded up 2.8% against the dollar and now trades at $0.0022 or 0.00000003 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 5,440,653,296,283 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 message board is medium.com/terra-money. Terra Classic’s official website is terra.money. 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.”

Terra Classic Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView