Terra Classic Reaches Self Reported Market Cap of $783.28 Million (LUNC)

Terra Classic (LUNC) traded 9.2% lower against the dollar during the 24-hour period ending at 21:00 PM Eastern on April 2nd. In the last week, Terra Classic has traded down 16.7% against the dollar. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular exchanges. Terra Classic has a total market capitalization of $783.28 million and approximately $62.75 million worth of Terra Classic was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded down 3.4% against the dollar and now trades at $0.12 or 0.00000178 BTC.
  • Tezos (XTZ) traded down 9.1% against the dollar and now trades at $1.22 or 0.00001862 BTC.
  • Terra (LUNA) traded 11.6% lower against the dollar and now trades at $0.93 or 0.00001420 BTC.
  • aelf (ELF) traded 7.4% lower against the dollar and now trades at $0.57 or 0.00000876 BTC.
  • GXChain (GXC) traded down 4.1% against the dollar and now trades at $0.48 or 0.00000730 BTC.
  • Adshares (ADS) traded 3.6% lower against the dollar and now trades at $0.46 or 0.00000698 BTC.
  • BitShares (BTS) traded down 2.5% against the dollar and now trades at $0.0038 or 0.00000006 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,797,660,122,942 coins and its circulating supply is 5,823,956,815,553 coins. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official Twitter account is @terra_money. Terra Classic’s official website is terra.money. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here.

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 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the aforementioned exchanges.

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