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Terra Classic

Terra Classic PriceLUNC

Rank #161

$0.0001149

+1.09%
0LUNC
1LUNC ≈ $0.0001149
0LUNC
1LUNC ≈ $0.0001149
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APR

10.00%

Type

Current

About Terra Classic (LUNC)

Explorers

Website

terra.money

Community

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Terra is an algorithmic stable currency platform, which runs on Proof of Stake (PoS) built by Tendermint, which is the bottom layer of the blockchain of proof of rights and interests. LUNA is Terra's platform token, which is used to stabilize the issuance of TerraSDRs, price stability mechanism, and network governance. Users can use LUNA tokens to exchange for TerraSDRs stable coins, and vice versa. The price stability of such stable currency is guaranteed. Luna is the mineral currency of Terra DPoS blockchain, and Terra is supported by Luna. Therefore, miners provide stability and safety. In the exchange, the agreement provides stable mining incentives under all economic conditions by virtue of transaction fees and seigniorage. Terra is designing a price stable digital currency that will provide a driving force for the next generation blockchain payment network. Terra has established a global e-commerce alliance with continuous growth of users, bringing the low-cost advantage of blockchain transactions to businesses and consumers. Terra's goal is to combine digital currency with practical applications, grow into an innovative open platform for financial decentralized applications (dApps), and achieve real growth of the blockchain economy. Terra was founded by a group of business, financial and blockchain technology experts and has offices in Singapore and South Korea. The price stability mechanism of Terra system depends on the arbitrage behavior of users. For example, when TerraKRW, the stable currency of the benchmark Korean won, falls to 0.95:1.00 after the Korean won price comparison, users can use 95 Korean won cryptocurrency to obtain 100 TerraKRW on the trading platform, and then exchange it to Terra platform to obtain 100 Korean won LUNA tokens. If the price of TerraKRW exceeds 1 Korean won, users can exchange the LUNA token for TerraKRW, and then sell it on the trading platform for profit. Terra platform hopes that no matter whether the network economy is

Terra Classic (LUNC) Price Trends

24H High$0.0001157
24H Low$0.0001126
24H Volume$475.87K
Market Cap
$633.24M
All-Time High(ATH)$0.000595
Circulating Supply
5.50T LUNC
All-Time Low(ATL)$0.000005
Total Supply
6.51T LUNC
Market Cap/FDV
84.58%
Max Supply
∞
Fully Diluted Valuation
$748.70M
Market SentimentPositive

Live Terra Classic (LUNC) Price Update

Terra Classic price today is $0.0001149 with a 24-hour trading volume of $475.87K, and as such Terra Classic has a market cap of $633.24M, giving it a market dominance of 0.020%. The Terra Classic price moved +1.09% in the last 24 hours.

Time period
Change amount
% Change
1H+$0.00000003448+0.03%
24H+$0.000001239+1.09%
7D+$0.000003716+3.34%
30D-$0.00004531-28.27%
1Y-$0.0000009273-0.8%

Credibility Indicators

49.71
Reliability Score
Rank #7291
PercentileBTM 55%

Popular LUNC Exchanges

Team Members

Do Kwon
Do KwonCo-Founder
Daniel Shin
Daniel ShinCo-Founder
Chris Amani
Chris AmaniCEO
Eduardo Alves
Eduardo AlvesChief Architect

Investors

Coinbase VenturesCoinbase Ventures
Polychain CapitalPolychain Capital
Pantera CapitalPantera Capital
Binance LabsBinance Labs
GalaxyGalaxy
Jump CryptoJump Crypto
Hashed FundHashed Fund
Arrington XRP CapitalArrington XRP Capital

News

News Flash

2024-11-26 02:03
koinmilyoner
The $LUNA and $LUNC eco_, including $USTC , is showing promising signs of recovery, with #USTC nearing a potential breakout above the $0.05 mark. This development suggests a stabilization phase and a shift in market sentiment as the assets gain traction. The bullish momentum appears to be building, with key technical indicators aligning for an upward movement. The anticipation of a broader bull run within this eco_ has traders and investors paying close attention. Increased activity and optimism across the Luna family may drive #USTC toward this critical level, signaling the potential for further growth and a renewed sense of confidence in its future.
2024-11-03 13:20
DailyNews
Terra Luna Classic community approves new tax handling proposal, introducing the "Reverse fee" mechanism.
2024-04-17 12:15
Sprz.
Analysts predict that XRP prices will pump up 3,000% to $22 in 2024? Crypto Assets analyst Crypto Egarg provided an update on his recent analysis, predicting that the price of XRP will fall sharply. Egrag correctly predicted this and has now predicted encryption Token's next move. Egrag mentioned in an X (formerly Twitter) post that the next move for XRP "could be between 1000% and 3000%." He admits that the current market conditions may make it difficult for anyone to imagine such a move for XRP. However, he added that the chart shows that if the historical trend in 2017 or 2021 repeats itself, XRP will rise between pump and $10 to $22. Egrag also noted that XRP has reached his forecast for encryption Token lower target, suggesting that XRP is well prepared for such parabolic pump as a result of this price correction. In his previous analysis, the analyst had predicted that XRP could fall to $0.44, eventually falling to $0.44 on April 13. Since then, the Token has rebounded and is on track to break through the $0.50 resistance level, ready for a parabolic pump. Meanwhile, recent analysis by Crypto Assets analyst Lunc Maxi echoes similar sentiments to Egrag Crypto. The Crypto Assets analyst shared a daily chart of XRP and noted that it looks exactly like it did in 2017 and "even has the same falls." If XRP's current price action follows the 2017 trend, then XRP is more likely to hit $22 than just $10, as Egrag's chart shows that a similar move to 2017 will bring encryption Token to that price level. In a subsequent X post, Egrag stated that XRP could rise to $1.4 in the short term. While acknowledging that prices could fall further fall before the move happens, he added that XRP long bulls have shown that they are willing to withstand selling pressure from short. Therefore, it will not be long before the longest will take control of the situation and cause the XRP price to soar. He further urged XRP holders not to be intimidated, noting that these price falls "are just opportunities for your bids to be met, and those bids could be life-changing opportunities." Pumping XRP up to such a price level would really change the lives of XRP investors. However, it remains to be seen whether encryption Token will reach such heights, considering that its price action has not been impressive so far. According to the data, the current XRP is trading at around $0.49, down nearly 4% in the last 24 fall hours. (Source: Scott Matherson)

Insight

Terra Classic (LUNC) Approaches Key Breakout Zone: Ascending Triangle Fuels Bullish Momentum
Source: Moon5labs

Terra Classic (LUNC) Approaches Key Breakout Zone: Ascending Triangle Fuels Bullish Momentum

Terra Classic (LUNC) Approaches Pivotal Breakout Zone: Ascending Triangle Strengthens Bullish Move
Source: CryptoNewsLand1

Terra Classic (LUNC) Approaches Pivotal Breakout Zone: Ascending Triangle Strengthens Bullish Move

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