Terra Classic (LUNC) Achieves Self Reported Market Cap of $619.18 Million

Terra Classic (LUNC) traded 2.1% higher against the US dollar during the 24-hour period ending at 20:00 PM ET on May 3rd. One Terra Classic coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. During the last week, Terra Classic has traded 1% lower against the US dollar. Terra Classic has a market capitalization of $619.18 million and $23.35 million worth of Terra Classic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.8% against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Tezos (XTZ) traded 3.6% higher against the dollar and now trades at $0.98 or 0.00001559 BTC.
• Terra (LUNA) traded up 2.9% against the dollar and now trades at $0.60 or 0.00000955 BTC.
• aelf (ELF) traded up 0.5% against the dollar and now trades at $0.56 or 0.00000887 BTC.
• GXChain (GXC) traded up 1.1% against the dollar and now trades at $0.40 or 0.00000632 BTC.
• Adshares (ADS) traded 2.4% higher against the dollar and now trades at $0.41 or 0.00000645 BTC.
• BitShares (BTS) traded 2.6% higher against the dollar and now trades at $0.0033 or 0.00000005 BTC.

About Terra Classic

Terra Classic (LUNC) uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,794,648,203,780 coins and its circulating supply is 5,799,676,218,000 coins. Terra Classic’s official website is terra.money. Terra Classic’s official message board 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.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra Classic using one of the aforementioned exchanges.

LUNC/USD price chart by TradingView