Terra Classic (LUNC) Self Reported Market Capitalization Achieves $558.27 Million

Terra Classic (LUNC) traded down 10.1% against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on December 20th. Terra Classic has a market capitalization of $558.27 million and $114.76 million worth of Terra Classic was traded on exchanges in the last 24 hours. In the last week, Terra Classic has traded down 23.4% against the dollar. One Terra Classic coin can now be bought for $0.0001 or 0.00000000 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded 9.6% lower against the dollar and now trades at $0.24 or 0.00000252 BTC.
• Tezos (XTZ) traded 12% lower against the dollar and now trades at $1.15 or 0.00001215 BTC.
• aelf (ELF) traded 9.7% lower against the dollar and now trades at $0.42 or 0.00000446 BTC.
• Terra (LUNA) traded down 11.9% against the dollar and now trades at $0.40 or 0.00000418 BTC.
• Adshares (ADS) traded down 13.7% against the dollar and now trades at $0.79 or 0.00000831 BTC.
• GXChain (GXC) traded 8% lower against the dollar and now trades at $0.38 or 0.00000401 BTC.
• BitShares (BTS) traded 7.3% lower against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Terra Classic

Terra Classic uses the hashing algorithm. Its genesis date was April 23rd, 2019. Terra Classic’s total supply is 6,513,366,058,403 coins and its circulating supply is 5,513,681,195,392 coins. Terra Classic’s official website is terraclassic.co.uk. 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. Terra Classic’s official message board is medium.com/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 currently 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 Changelly, GDAX or Gemini. 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