Coins
21,199
Market Cap
$2,516.07 B USD
24H Change

-2.59%

24H Volume
$83.7 B USD
Dominance
BTC: 50.41%, ETH: 15.28%
ETH Gas
10 Gwei

LUNC

Luna Classic

LUNC

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$0.000106 USD

N/A

(24H)

0.00000000159 BTC

-2.04%

(24H)

Luna Classic Price Chart (USD)

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Market Cap (USD)

$617.38 M

24H VOLUME (USD)

$36.02 M

Circulating Supply

5,822.87 B LUNC

Max Supply

N/A

Total Supply

6,796.46 B LUNC

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General Information

Social Channels

Contract Address

  • icon

    Ethereum

    0xbd31ea8212119f94a611fa969881cba3ea06fa3d


  • icon

    Polygon

    0x9cd6746665D9557e1B9a775819625711d0693439


  • icon

    BNB Smart Chain (BEP20)

    0x156ab3346823B651294766e23e6Cf87254d68962


About Luna Classic

Rank #119

Luna Classic Price Summaries

Latest Data

Luna Classic’s price today is US$0.000106, with a 24-hour trading volume of $36.02 M. LUNC is +0.00% in the last 24 hours.LUNC has a circulating supply of 5,822.87 B LUNC.


What is Terra?

Terra is a blockchain protocol that seeks to create price-stable global payments systems using fiat-pegged stablecoins. The protocol uses a reserve currency called LUNA, which algorithmically stabilises the basket of fiat-pegged stablecoins that it utilises for facilitating programmable payments and open financial infrastructure development.

A brief history of Terra

Created by Terraform Labs co-founders Do Kwon and Daniel Shin in January 2018, Terra’s aim is to drive the rapid adoption of blockchain technology and cryptocurrency through a focus on price stability and usability. The protocol consists of two main types of tokens, TerraUSD and LUNA, the native token of the Terra blockchain. Terra (LUNA) launched its official mainnet in April 2019, and has since offered stablecoins pegged to the US dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights basket of currencies, with plans to support more currencies in the future.

In February 2022, Luna Foundation Guard (LFG), a non-profit organisation supporting the growth of the Terra ecosystem, announced that it had just completed a private LUNA sale in an effort to maintain the stability of the TerraUSD stablecoin. The sale raised a total of US$1 billion - the largest to ever occur in the crypto space at the time.

How Terra works

Terra maintains the one-to-one peg on its stablecoins by using an algorithm that automatically adjusts the stablecoin supply. To do so, Terra encourages LUNA holders to swap LUNA and stablecoins at profitable exchange rates to match supply and demand for the stablecoins. Terra’s blockchain uses proof of stake (PoS) for mining transactions, hence, LUNA represents a validator’s mining power in this blockchain.

What is Terra used for?

Terra uses LUNA as its reserve currency, functioning as the protocol’s staking token for mining transactions, as well as the maintenance of price stability for its stablecoins and the distribution of incentives to blockchain validators.

More about Luna Classic

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LUNC Price Statistics

Luna Classic Price

$0.000106

24h high / 24h low

N/A

7d high / 7d low

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30d high / 30d low

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90d high / 90d low

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All-time high / All-time low

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Trending

Currency Converter

Amount

LUNC

LUNC

1 LUNC = 0.000106 USD

Rate is for reference only. Updated

General Information

Social Channels

Contract Address

  • icon

    Ethereum

    0xbd31ea8212119f94a611fa969881cba3ea06fa3d


  • icon

    Polygon

    0x9cd6746665D9557e1B9a775819625711d0693439


  • icon

    BNB Smart Chain (BEP20)

    0x156ab3346823B651294766e23e6Cf87254d68962


LUNC Price Statistics

Luna Classic Price

$0.000106

24h high / 24h low

N/A

7d high / 7d low

N/A

30d high / 30d low

N/A

90d high / 90d low

N/A

All-time high / All-time low

N/A

Trending

Company

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