About Terra
Terra Classic (LUNC) is a cryptocurrency launched in 2019. Terra Classic has a current supply of 6,485,549,929,869.980292 with 5,500,922,823,043.603211 in circulation. The last known price of Terra Classic is 0.00003981 USD and is down -4.05 over the last 24 hours. It is currently trading on 538 active market(s) with $24,269,953.48 traded over the last 24 hours.
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Trading Insights
Searched
95
Market Stats
Market Cap
$227.04M
FDV
$267.72M
Circ. Supply
5.5T LUNA
Max Supply
Not enough data
Total Supply
6.5T LUNA
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$19.92M
12.1%
Volume (7D)
$148.63M
Volume (30D)
$529.31M
All time high
$119.18
Price Change (1Y)
-53.94%
Additional details
Market details
LUNA vs markets
↘ 71.32%
LUNA vs BTC
↘ 70.63%
LUNA vs ETH
↘ 68.62%
Tags
store-of-value
defi
payments
alleged-sec-securities
+1
Network & Addresses
Network | Address | |
|---|---|---|
Cosmos | IBC/0EF15DF2F02480ADE0BB6E85D9EBB5DAEA2836D3860E9F97F9AADE4F57A31AA0 | |
Solana | F6v4wfAdJB8D8p77bMXZgYt8TDKsYxLYxH5AFhUkYx9W | |
Ethereum | 0xbd31EA8212119f94A611FA969881CBa3EA06Fa3d | |
Polygon | 0x9cd6746665D9557e1B9a775819625711d0693439 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000042 | ↗ 4.97% |
1 Day | $0.000040 | ↗ 4.97% |
1 Week | $0.000038 | ↗ 10.46% |
1 Month | $0.000061 | ↘ 32.14% |
1 Year | $0.000090 | ↘ 53.94% |
FAQ
Terra Classic (LUNC) is a rebranded iteration of the original Terra blockchain protocol, which was developed to facilitate stable, global payment systems using fiat-pegged stablecoins. The Terra protocol merges the price stability of fiat currencies with the censorship-resistance of Bitcoin, with the intention to provide swift and affordable settlements. The genesis block of the new chain, Terra (LUNA), was launched in May 2022, and the original Terra chain was rebranded as Terra Classic. The original native token, LUNA, was also renamed as LUNA Classic (LUNC). Terra Classic continues to support stablecoins pegged to various currencies, including the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights basket of currencies.
Terra Classic operates using a proof-of-stake consensus algorithm based on Tendermint, where LUNA Classic (LUNC) token holders stake their tokens to validate transactions. The primary function of the LUNC token is to absorb the price deviation of the algorithmic stablecoin, UST. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. Terra Classic maintains its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand. It encourages LUNC holders to swap LUNC and stablecoins at varying exchange rates, as needed, to either expand or contract the stablecoin supply to match demand.
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Terra news
Trending articles
Social stats
Popularity in posts
#199
Contributors
398
Posts
1,196
% About Terra
0.113%
Hold times
0 days
X (Twitter)
39.79% bullish
Sentiment
3.8 ★
Highlights
398 unique individuals are talking about Terra and it is ranked #199 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Terra has an average sentiment score of 75 out of 5. Finally, Terra is becoming less newsworthy, with 0 news articles published about Terra.
On Twitter, people are mostly neutral about Terra. There were 45.91% of tweets with bullish sentiment compared to 15.39% of tweets with a bearish sentiment about Terra. 54.09% of tweets were neutral about Terra. These sentiments are based on 1917 tweets.
On Reddit, Terra was mentioned in 3 Reddit posts and there were 566 comments about Terra. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.