Terra (LUNA) One Day Volume Hits $18.86 Million

Terra (LUNA) traded 1.3% lower against the dollar during the 1-day period ending at 15:00 PM ET on July 12th. One Terra coin can currently be bought for approximately $0.38 or 0.00000648 BTC on cryptocurrency exchanges. Over the last seven days, Terra has traded up 11.8% against the dollar. Terra has a total market cap of $299.07 million and approximately $18.86 million worth of Terra was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded up 1.3% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Tezos (XTZ) traded 0.1% lower against the dollar and now trades at $0.76 or 0.00001313 BTC.
• Terra Classic (LUNC) traded 0.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.3% lower against the dollar and now trades at $0.38 or 0.00000646 BTC.
• GXChain (GXC) traded 13.2% higher against the dollar and now trades at $0.40 or 0.00000690 BTC.
• Adshares (ADS) traded down 0.6% against the dollar and now trades at $0.37 or 0.00000628 BTC.
• BitShares (BTS) traded 2.2% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Terra Coin Profile

Terra uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 792,305,509 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. 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. The official website for Terra is terra.money.

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 purchase alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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