Terra 24 Hour Trading Volume Tops $32.90 Million (LUNA)

Terra (LUNA) traded 3.8% higher against the US dollar during the 1 day period ending at 11:00 AM ET on June 16th. Terra has a total market capitalization of $402.31 million and $32.90 million worth of Terra was traded on exchanges in the last day. One Terra coin can currently be purchased for approximately $0.52 or 0.00000786 BTC on exchanges. Over the last week, Terra has traded down 8.2% against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

• TRON (TRX) traded up 0.5% against the dollar and now trades at $0.12 or 0.00000173 BTC.
• Tezos (XTZ) traded 0.7% lower against the dollar and now trades at $0.82 or 0.00001224 BTC.
• Terra Classic (LUNC) traded up 8.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.9% against the dollar and now trades at $0.40 or 0.00000598 BTC.
• GXChain (GXC) traded 2.7% higher against the dollar and now trades at $0.39 or 0.00000592 BTC.
• Adshares (ADS) traded 2.4% higher against the dollar and now trades at $0.47 or 0.00000702 BTC.
• BitShares (BTS) traded 0.7% lower against the dollar and now trades at $0.0028 or 0.00000004 BTC.

Terra Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. Its genesis date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 768,925,997 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official website for Terra is terra.money. The official message board for Terra is medium.com/terra-money. 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 presently possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView