LUNC
LUNC

Terra Luna Classic price

$0.00011451
-$0.00001
(-8.38%)
Price change from 00:00 UTC until now
Terra Luna Classic chart last updated: 12/18/2024, 23:40
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Terra Luna Classic market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
Market cap
$629.80M
Circulating supply
5,513,886,789,099 LUNC
Market cap ranking
97
24h high
$0.00012616
24h low
$0.00010992
All-time high
$0.00059176

Terra Luna Classic price performance in USD

The current price of Terra Luna Classic is $0.00011451. Since 00:00 UTC, Terra Luna Classic has decreased by -8.38%. It currently has a circulating supply of 5,513,886,789,099 LUNC and a maximum supply of 6,513,449,837,496 LUNC, giving it a fully diluted market cap of $629.80M. At present, the Terra Luna Classic coin holds the 97 position in market cap rankings. The Terra Luna Classic/USD price is updated in real-time.
Today
-$0.00001
-8.38%
7 days
-$0.00002
-14.58%
30 days
$0.0000020000
+1.77%
3 months
$0.000028470
+33.08%

About Terra Luna Classic (LUNC)

1.7/5
TokenInsight
1.7
01/17/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Following the collapse of Terra LUNA (LUNA), its founder, Do Kwon, planned a complete revival of the platform. As part of the recovery plan, a hard fork occurred in late May 2022. The fork resulted in two separate chains – Terra 2.0 as the new chain and Terra Classic (LUNC) as the legacy chain. 

What is Terra Classic

Terra Classic is a decentralized blockchain platform built to provide scalable, efficient, and interoperable solutions within the crypto space. Its native token, LUNC, is the network's backbone, facilitating transactions and interactions within the Terra Classic ecosystem.

The Terra Classic token, LUNC, was introduced in 2018 as the first native token of the Terra blockchain. Since the demise of Terraform Labs, the Terra Classic community has become even more decentralized as it is now undertaken by devoted members instead of a centralized entity.

The Terra Classic team

Prior to its collapse, Terra was led by founder Do Kwon, who was an accomplished blockchain developer and entrepreneur. Following Do Kwon's departure from the Terra team, a new initiative to revitalize Terra Classic is underway. A team of six engineers, who call themselves the “Six Samurais,” is driving this effort, aiming to distance themselves from past concerns and reconstruct the project.

How does Terra Classic work

The Terra network has been divided into two chains as per the new governance plan. Terra Classic (LUNC) will be the old chain, whereas Terra 2.0, which will use LUNA tokens, will be the new chain. The old LUNA will co-exist with Terra 2.0 instead of being completely replaced. As for Terra Classic, it operates using a variety of components that together create a seamless and secure blockchain network. It functions similarly to a blockchain ecosystem that enables smart contracts, decentralized finance (DeFi), and GameFi to thrive. 

Terra Classic’s native token: LUNC

As the native token, LUNC serves multiple functions within the ecosystem, including governance participation, transaction fee payments, and accessing various services and features. 

LUNC tokenomics

LUNC has an uncapped maximum supply, and its current total supply is 6,838,945,094,809 LUNC. 

LUNC use cases

While there are far less DeFi and dApps on the Terra Classic ecosystem today than before, the community still enables a number of use cases for the LUNC cryptocurrency. Within the Terra Classic network, it is being used for smart contracts and DeFi protocols. 

Distribution of LUNC

The initial distribution of LUNC is as follows:

  • 26 percent was allocated to project backers.
  • 20 percent went to employees and contributors.
  • 20 percent to the Terra alliance.
  • 20 percent was allocated to the price stability reserve.
  • 10 percent to Terraform Labs.
  • 4 percent went towards the Genesis Liquidity. 

What the future holds for Terra Classic

Despite the demise of Terra, existing community members remain committed to developing the Terra Classic ecosystem and expanding its functionalities and continue developing innovative solutions that fulfill the demands of both individuals and businesses. With an inclusive and decentralized ethos, Terra Classic is focused on fostering user-friendly applications, forging strategic partnerships, and driving mass adoption.

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LUNC FAQ

What is Terra Classic (LUNC)? 

The Terra Classic token, LUNC, was the first native token of the Terra blockchain. It now serves as the native token to the original Terra Classic chain. Although the revival is still under way, the token functions similarly to a blockchain ecosystem that enables smart contracts, decentralized finance (DeFi), and GameFi to thrive.

What’s the difference between Terra 2.0 and Terra Classic? 

Terra Classic and Terra 2.0, while sharing similarities, are distinct platforms. After a network split, Terra Classic operates as the original chain, featuring its native token LUNC, whereas Terra 2.0 is the new chain where LUNA is housed. These chains have unique use cases, with Terra 2.0 designated as the platform for decentralized apps within the Terra ecosystem.

Where can I buy LUNC tokens?

Easily buy LUNC tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include LUNC/USDT and LUNC/USDC.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for LUNC with zero fees and no price slippage by using OKX TR Convert.

How much is Terra Luna Classic worth today?
Currently, one Terra Luna Classic is worth $0.00011451. For answers and insight into Terra Luna Classic's price action, you're in the right place. Explore the latest Terra Luna Classic charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Terra Luna Classic, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Terra Luna Classic have been created as well.