Terra Classic (LUNC) Reaches Self Reported Market Capitalization of $1.12 Billion

Terra Classic (LUNC) traded 2.2% higher against the US dollar during the 24-hour period ending at 20:00 PM ET on March 11th. Terra Classic has a market cap of $1.12 billion and approximately $140.58 million worth of Terra Classic was traded on exchanges in the last 24 hours. In the last seven days, Terra Classic has traded 4.7% higher against the US dollar. One Terra Classic coin can now be bought for $0.0002 or 0.00000000 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in 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 0.1% against the dollar and now trades at $0.13 or 0.00000186 BTC.
  • Tezos (XTZ) traded up 7.1% against the dollar and now trades at $1.52 or 0.00002113 BTC.
  • Terra (LUNA) traded up 4.2% against the dollar and now trades at $1.13 or 0.00001568 BTC.
  • aelf (ELF) traded up 3.3% against the dollar and now trades at $0.70 or 0.00000969 BTC.
  • GXChain (GXC) traded 0.4% lower against the dollar and now trades at $0.58 or 0.00000804 BTC.
  • Adshares (ADS) traded up 6.4% against the dollar and now trades at $0.68 or 0.00000937 BTC.
  • BitShares (BTS) traded up 6% against the dollar and now trades at $0.0045 or 0.00000006 BTC.

About Terra Classic

LUNC uses the hashing algorithm. It was first traded on April 23rd, 2019. Terra Classic’s total supply is 6,803,529,061,453 coins and its circulating supply is 5,820,949,710,020 coins. 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. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official website 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.”

Terra Classic Coin Trading

It is usually not presently 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 Gemini, Changelly or Coinbase. 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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