Terra Classic Achieves Self Reported Market Cap of $598.38 Million (LUNC)

Terra Classic (LUNC) traded down 6.8% against the US dollar during the 24 hour period ending at 18:00 PM E.T. on February 4th. Terra Classic has a total market cap of $598.38 million and approximately $180.63 million worth of Terra Classic was traded on exchanges in the last 24 hours. One Terra Classic coin can now be bought for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. During the last week, Terra Classic has traded up 4.9% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded up 1% against the dollar and now trades at $0.12 or 0.00000280 BTC.
  • Tezos (XTZ) traded 3.5% lower against the dollar and now trades at $0.96 or 0.00002276 BTC.
  • Terra (LUNA) traded 3.8% lower against the dollar and now trades at $0.63 or 0.00001479 BTC.
  • aelf (ELF) traded up 0.9% against the dollar and now trades at $0.56 or 0.00001329 BTC.
  • GXChain (GXC) traded down 2.8% against the dollar and now trades at $0.27 or 0.00000631 BTC.
  • Adshares (ADS) traded down 0.4% against the dollar and now trades at $0.35 or 0.00000828 BTC.
  • BitShares (BTS) traded up 2.4% against the dollar and now trades at $0.0036 or 0.00000009 BTC.

Terra Classic Coin Profile

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,809,343,489,332 coins and its circulating supply is 5,781,583,612,435 coins. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official website for Terra Classic 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.”

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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the aforementioned exchanges.

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