Terra Classic Reaches Self Reported Market Capitalization of $896.03 Million (LUNC)

Terra Classic (LUNC) traded 3.9% lower against the U.S. dollar during the twenty-four hour period ending at 17:00 PM ET on March 27th. Terra Classic has a market capitalization of $896.03 million and approximately $65.03 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be purchased for $0.0002 or 0.00000000 BTC on major exchanges. Over the last seven days, Terra Classic has traded up 9.4% against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded down 1.2% against the dollar and now trades at $0.12 or 0.00000173 BTC.
  • Tezos (XTZ) traded 2.1% higher against the dollar and now trades at $1.38 or 0.00002006 BTC.
  • Terra (LUNA) traded down 6.7% against the dollar and now trades at $1.10 or 0.00001599 BTC.
  • aelf (ELF) traded down 2.1% against the dollar and now trades at $0.63 or 0.00000922 BTC.
  • GXChain (GXC) traded 0.4% lower against the dollar and now trades at $0.51 or 0.00000742 BTC.
  • Adshares (ADS) traded down 1.5% against the dollar and now trades at $0.48 or 0.00000695 BTC.
  • BitShares (BTS) traded 2.2% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,802,154,455,282 coins and its circulating supply is 5,832,408,538,138 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 website is terra.money. Terra Classic’s official message board is medium.com/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 buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the exchanges listed above.

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