Terra Luna Classic (LUNC)
Terra Luna Classic (LUNC)
0.00013406 0.67 %
Rank # 172 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 5,513,882,583,644.00
Total Supply 6,513,680,815,162.70
Max Supply 0.00
  Week Month Year All Time
High

13-12-2024

0.000135499969
-1.06%

05-12-2024

0.000171591963
-21.87%

06-03-2024

0.000217540514
-38.37%

05-04-2022

₹5,730,800.59
-100.00%
Low

14-12-2024

0.00013406
0.00%

27-11-2024

0.000116294878
15.28%

06-08-2024

6.3921221E-5
109.73%

13-05-2022

₹5,628.29
13,296.32%

Terra Luna Classic News (Lunc News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Terra Luna Classic Chart (Lunc Chart)

Terra Luna Classic Price USD (Lunc Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Terra Luna Classic Price History (Lunc Price History)
Price Market Cap Volume Date
Coin Terra Luna Classic
Comments
Terra Luna Classic Price Today (Lunc Price Today)

Terra is a blockchain protocol that enables price-stable global payment networks with fiat-pegged stablecoins. According to its white paper, Terra combines the price stability and widespread acceptance of fiat currencies with the censorship resistance of Bitcoin (BTC) and provides rapid as well as economical transactions.

The development of Terra began in January 2018, and the mainnet was launched in April 2019. On May 28, 2022, the genesis block of the new chain was introduced to conduct future transactions under the name Terra (LUNA), while the previous Terra Chain was renamed Terra Classic. The original native token, LUNA, has also been rebranded as LUNA Classic (LUNC). Additionally, all stablecoins on the network (UST, KRT, and EUT) have been rebranded to Terra Classic stablecoins (USTC, KRTC, EUTC). Terra stablecoins will not be available on the new chain.

Luna Classic (LUNC) was the first Terra blockchain native token to be launched in August 2018. $LUNC existed prior to the launch of the new chain, currently known as Terra (LUNA), and works with the Terra ecosystem's original code.

The primary role of the native token was to absorb the price variation of the algorithmic stablecoin — $UST. By creating and burning UST tokens to maintain a balance between the supply and demand of the currency, the price of the UST stablecoin was fixed to the US dollar. UST crashed in May 2022 after losing its peg. The UST stablecoin algorithm manufactured trillions of LUNA tokens plunged into a hyperinflationary spiral and dropped the initial LUNA token's value by 99%.

To know more about the Terra Luna Classic price prediction, install the top cryptocurrency app CoinGabbar today!


Also read: Terracoin Trc Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Terra Luna Classic (LUNC) is USD 0.00013406
24 Hours, High Price of Terra Luna Classic (LUNC) is USD 0.00013531 and Low price of Terra Luna Classic (LUNC) is USD 0.00012998
The total supply of Terra Luna Classic (LUNC) is 6513680815162.7 and Circulating supply of Terra Luna Classic (LUNC) is 5,513,882,583,644.00
The trading volume of Terra Luna Classic (LUNC) is 1877371005 In the last 24 hours