Terra Self Reported Market Cap Reaches $455.03 Million (LUNA)

Terra (LUNA) traded 5.4% lower against the US dollar during the one day period ending at 16:00 PM E.T. on April 24th. Terra has a market capitalization of $455.03 million and approximately $34.83 million worth of Terra was traded on exchanges in the last day. One Terra coin can now be bought for about $0.63 or 0.00000990 BTC on popular exchanges. Over the last week, Terra has traded up 4.3% against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.1% against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Tezos (XTZ) traded down 3.4% against the dollar and now trades at $1.01 or 0.00001590 BTC.
• Terra Classic (LUNC) traded down 5.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.1% against the dollar and now trades at $0.58 or 0.00000911 BTC.
• GXChain (GXC) traded 2% lower against the dollar and now trades at $0.42 or 0.00000658 BTC.
• Adshares (ADS) traded 0.5% higher against the dollar and now trades at $0.44 or 0.00000685 BTC.
• BitShares (BTS) traded up 3.1% against the dollar and now trades at $0.0034 or 0.00000005 BTC.

About Terra

Terra uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 721,288,589 coins. The official message board for Terra is medium.com/terra-money. The official website for Terra is terra.money. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here.

According to CryptoCompare, “Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. It uses proof-of-stake consensus and ground-breaking technologies to provide an unparalleled DeFi experience. On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of a new Terra chain and the airdrop of Luna tokens to users. On May 27th, 2022, the phoenix-1 Terra mainnet launched. UST was an algorithmic stablecoin created by Terraform Labs which tied to Luna tokens but lost its peg and crashed, leading to the collapse of both Luna and UST.”

Terra Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire Terra should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView