LUNC
LUNC

Terra Luna Classic price

₺0.0022957
+₺0.00010930
(+4.99%)
Price change for the last 24 hours
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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.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
₺12.47B
Circulating supply
5,447,174,655,068 LUNC
83.78% of
6,501,371,546,932 LUNC
Market cap ranking
96
Audits
CertiK
Last audit: Sep 4, 2020
24h high
₺0.0023122
24h low
₺0.0021655
All-time high
₺0.021705
-89.43% (-₺0.01941)
Last updated: Sep 8, 2022
All-time low
₺0.0015189
+51.14% (+₺0.00077685)
Last updated: Jun 9, 2022

LUNC calculator

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Terra Luna Classic price performance in TRY

The current price of Terra Luna Classic is ₺0.0022957. Over the last 24 hours, Terra Luna Classic has increased by +5.00%. It currently has a circulating supply of 5,447,174,655,068 LUNC and a maximum supply of 6,501,371,546,932 LUNC, giving it a fully diluted market cap of ₺12.47B. At present, the Terra Luna Classic coin holds the 96 position in market cap rankings. The Terra Luna Classic/TRY price is updated in real-time.
Today
+₺0.00010930
+4.99%
7 days
-₺0.00011
-4.49%
30 days
-₺0.00069
-23.15%
3 months
-₺0.00243
-51.40%

About Terra Luna Classic (LUNC)

1.7/5
TokenInsight
1.7
01/17/2023
  • Official website
  • White Paper
  • Github
  • Block explorer
    • About third-party websites
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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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Terra Luna Classic 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 1 Terra Luna Classic worth today?
Currently, one Terra Luna Classic is worth ₺0.0022957. 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.
Will the price of Terra Luna Classic go up today?
Check out our Terra Luna Classic price prediction page to forecast future prices and determine your price targets.

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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. 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. The price and performance of the digital assets are not guaranteed and may change without notice. 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. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
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LUNC calculator

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