Terra Luna Classic price today.
Get information about the price of Terra Luna Classic so you can make better buying or selling decisions
How the value of Terra Luna Classic evolves
The current ranking of luna crypto on the CoinMarketCap index is #82, with a market capitalization of $494,815,304 USD. It is available for purchase and sale on the CryptoMKT website with an updated quote of its value. You can also review the charts with statistics that will show its stable performance in recent weeks.
What is Terra Luna Classic?
Terra Classic (also known as luna crypto or terra luna) is a blockchain protocol that uses stablecoins pegged to fiat currencies to maintain its price stability. Following its collapse in 2022 and the loss of its 1:1 peg with the dollar, a segment of the community decided to focus on reviving the project. As a result, today there are two parallel operating blockchains: the original Terra network with the token renamed as Luna Classic (LUNC) and UST, and a new blockchain launched with a native token named Luna (LUNA).
3 reasons to choose Terra Luna Classic
1
Differentiation
Luna crypto seeks to differentiate itself by using stablecoins pegged to fiat currencies, claiming to combine the borderless benefits of cryptocurrencies with the daily price stability of fiat currencies.
2
Stable team
Although the future of the blockchain is uncertain, its current challenge is to retain the development teams and protocols that were building on the old Terra to create new applications.
3
Support
Terra is supported by the Terra Alliance, a group of businesses and platforms advocating for greater adoption of luna crypto.