Terra Classic Hits Self Reported Market Cap of $571.53 Million (LUNC)

Terra Classic (LUNC) traded 2.4% lower against the dollar during the 1 day period ending at 13:00 PM ET on April 17th. Terra Classic has a total market capitalization of $571.53 million and $25.09 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular exchanges. Over the last week, Terra Classic has traded down 24.8% against the dollar.

Here is how related 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 0.5% against the dollar and now trades at $0.11 or 0.00000181 BTC.
  • Tezos (XTZ) traded down 7% against the dollar and now trades at $0.93 or 0.00001542 BTC.
  • Terra (LUNA) traded 2.3% lower against the dollar and now trades at $0.59 or 0.00000972 BTC.
  • aelf (ELF) traded down 2.4% against the dollar and now trades at $0.54 or 0.00000899 BTC.
  • GXChain (GXC) traded 0.7% lower against the dollar and now trades at $0.41 or 0.00000673 BTC.
  • Adshares (ADS) traded 1.4% lower against the dollar and now trades at $0.37 or 0.00000610 BTC.
  • BitShares (BTS) traded 1.2% lower against the dollar and now trades at $0.0030 or 0.00000005 BTC.

Terra Classic Coin Profile

Terra Classic uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,796,697,695,448 coins and its circulating supply is 5,826,556,892,814 coins. 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. The official website for Terra Classic 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 possible to purchase alternative cryptocurrencies such as Terra Classic directly using U.S. dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the exchanges listed above.

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