Coinmarketcap, the leading cryptocurrency, and price-tracking platform have improved the Terra Classic (LUNC) data available on its website. The recent development will allow users to now track the accurate circulating supply of the embattled LUNC token.
Following the historic de-pegging of TerraClassicUSD (USTC) in May, more LUNC tokens were minted into circulation. This led to Coinmarketcap presenting inaccurate data regarding the circulating supply of Terra Classic (LUNC).
Per a Tuesday update by Classy Crypto, a pseudonymous validator on the Terra Classic network and a top community influencer, LUNC circulating supply has been officially updated on the widely-visited crypto tracking platform, Coinmarketcap. This implies that numeric details about the Terra Classic (LUNC) token have been given a better representation.
Classy Crypto tweeted, “Just in: LUNC circulating supply on Coinmarketcap has just been updated once again! Seems like LUNC figures are now being better represented!”
— Classy 👾 (@ClassyCrypto_) November 14, 2022
Likewise, ReXx of Terra Rebels confirmed the update in a subsequent tweet, adding a direct link for community members to check out the LUNC supply update on the Coinmarketcap website. He wrote, “for those who have been patiently waiting, the LUNC supply on CMC is officially updated.”
For those who have been patiently waiting, the #LUNC supply on CMC is officially updated.
— reXx™ (@reXxTerraRebels) November 14, 2022
Notably, ReXx is an administrator and marketing representative of Terra Rebels, a decentralized community of developers focused on the revitalization of the Terra Classic ecosystem.
However, some inconsistencies have been spotted in the LUNC circulating supply figures. According to Coinmarketcap, the team has verified the Terra Classic’s circulating supply and total supply to be 6,006,193,608,289 LUNC and 6,879,919,205,657 LUNC respectively.
Meanwhile, the LUNC burn tracking platform shared in a Monday Twitter post that the circulating supply of Terra Classic is 5,968,159,444,749.
🔥Total burned $Lunc: 27.2b🔥
Burned 24hrs 0.2% burn tax: 88.34m
Vol24h: $110,179,431$Lunc Staking
— LUNC Burn (@LunaBurn_13) November 13, 2022