Terra Classic (LUNC) dominance history up to September 25, 2024

Published by
Raynor de Best,
Sep 25, 2024
The share of Luna in the overall cryptocurrency market cap more than doubled after the official launch of the Terra blockchain in late 2021. Within the crypto world, this so-called "dominance" ratio is one of the oldest and most investigated metrices available. It measures the coin's market cap relative to the overall crypto market - for instance, it shows how strong Bitcoin is compared to all the other cryptocurrencies that are not BTC, called "altcoins".

Terra Classic (LUNC, or LUNA 1.0) market dominance - its market cap relative to the market cap of all other cryptocurrencies in the world - from May 2019 to September 25, 2024

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Release date

September 2024

Region

Worldwide

Survey time period

May 2019 to September 25, 2024

Supplementary notes

On May 28, 2022, the creators behind LUNA released a 2.0 version of the cryptocurrency, whilst the "original" LUNA coin got rebranded into LUNC or Terra Classic. The numbers provided here pre-date this change, and therefore refer to this 1.0 version

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