Terra One Day Trading Volume Hits $23.92 Million (LUNA)

Terra (LUNA) traded 0.9% higher against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on June 15th. One Terra coin can currently be bought for approximately $0.50 or 0.00000759 BTC on major exchanges. Terra has a market cap of $385.37 million and approximately $23.92 million worth of Terra was traded on exchanges in the last day. In the last seven days, Terra has traded 10.1% lower against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 1.1% against the dollar and now trades at $0.12 or 0.00000174 BTC.
• Tezos (XTZ) traded 1.1% lower against the dollar and now trades at $0.81 or 0.00001224 BTC.
• Terra Classic (LUNC) traded up 1.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4% lower against the dollar and now trades at $0.40 or 0.00000602 BTC.
• GXChain (GXC) traded 0.1% higher against the dollar and now trades at $0.38 or 0.00000579 BTC.
• Adshares (ADS) traded 1.3% lower against the dollar and now trades at $0.46 or 0.00000689 BTC.
• BitShares (BTS) traded down 0.4% against the dollar and now trades at $0.0028 or 0.00000004 BTC.

Terra Coin Profile

Terra uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 768,487,937 coins. Terra’s official website is terra.money. Terra’s official message board is medium.com/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 buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire Terra should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView