Terra Classic Self Reported Market Cap Reaches $452.24 Million (LUNC)

Terra Classic (LUNC) traded 0.6% lower against the US dollar during the 24-hour period ending at 9:00 AM E.T. on June 1st. Terra Classic has a market capitalization of $452.24 million and $54.63 million worth of Terra Classic was traded on exchanges in the last day. One Terra Classic coin can currently be purchased for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. Over the last seven days, Terra Classic has traded 0.4% lower against the US dollar.

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

• TRON (TRX) traded up 0% against the dollar and now trades at $0.35 or 0.00000483 BTC.
• Tezos (XTZ) traded down 4.6% against the dollar and now trades at $0.32 or 0.00000437 BTC.
• aelf (ELF) traded 2.7% lower against the dollar and now trades at $0.0716 or 0.00000099 BTC.
• Terra (LUNA) traded 1.4% lower against the dollar and now trades at $0.0602 or 0.00000084 BTC.
• GXChain (GXC) traded down 3.6% against the dollar and now trades at $0.29 or 0.00000398 BTC.
• Adshares (ADS) traded down 1.2% against the dollar and now trades at $0.45 or 0.00000624 BTC.
• BitShares (BTS) traded 1.9% lower against the dollar and now trades at $0.0010 or 0.00000001 BTC.

Terra Classic Coin Profile

LUNC uses the hashing algorithm. It launched on April 23rd, 2019. Terra Classic’s total supply is 6,456,483,562,027 coins and its circulating supply is 5,536,142,152,844 coins. Terra Classic’s official message board is medium.com/terra-money. Terra Classic’s official website is www.terra-classic.io. Terra Classic’s official Twitter account 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 possible to buy alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to trade Terra Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView