Terra Classic flips fully diluted market cap Terra LUNA

The live market cap of Terra Classic (LUNC), now over $2.6 billion, has overtaken the $2.08 billion fully diluted valuation of Terra (LUNA).

Whether LUNC will keep going up or retrace to retest the $0.0003 level remains to be seen but for now LUNC is the best performing cryptocurrency asset of the third quarter of 2022 and sucking up all the liquidity in the crypto markets, up 65% this week.

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Best Crypto of Q3 2022

Host of crypto podcast @stackspodcast Luke Martin commented earlier this week on how the newly announced LUNC burn was generating a ‘ridiculous’ 24 hour trading volume exceeding $1.7 billion.

That pump continued over another 40%. Update – at press time LUNC has broken out yet again to another all time high – of 0.00045 against BUSD on Binance.

Terra Classic’s 24 hour volume is now $2.58 billion, and its FDV is approximately $3 billion.

LUNC market cap

Terra Classic (LUNC) – via CoinMarketCap

LUNC vs LUNA

The daily trading volume of Terra (LUNA), also referred to as LUNA 2.0, is also up several hundred percent today but is only $279 million in comparison.

In terms of circulating supply, according to CoinMarketCap here’s how the two Terra coins compare:

  • 6.15 trillion LUNC
  • 127.5 million LUNA

Terra Luna Classic Video Analysis

Terra Classic News

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