Terra (LUNA) Price Reaches $0.38 on Top Exchanges

Terra (LUNA) traded down 3.4% against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on September 11th. During the last week, Terra has traded up 12.4% against the U.S. dollar. Terra has a market capitalization of $265.51 million and $57.58 million worth of Terra was traded on exchanges in the last day. One Terra coin can now be bought for about $0.38 or 0.00000667 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded down 0.1% against the dollar and now trades at $0.15 or 0.00000267 BTC.
• Tezos (XTZ) traded down 1.9% against the dollar and now trades at $0.63 or 0.00001103 BTC.
• Terra Classic (LUNC) traded 2.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.7% lower against the dollar and now trades at $0.37 or 0.00000643 BTC.
• GXChain (GXC) traded 2.9% higher against the dollar and now trades at $0.28 or 0.00000490 BTC.
• Adshares (ADS) traded 4.3% higher against the dollar and now trades at $0.22 or 0.00000386 BTC.
• BitShares (BTS) traded up 2.8% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Terra Profile

Terra uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 693,951,793 coins. Terra’s official website is terra.money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official message board is medium.com/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 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, GDAX or Coinbase. 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