Terra Price Reaches $0.36 on Exchanges (LUNA)

Terra (LUNA) traded 1.2% lower against the US dollar during the 1-day period ending at 10:00 AM Eastern on October 17th. During the last seven days, Terra has traded up 4.1% against the US dollar. One Terra coin can currently be purchased for about $0.36 or 0.00000543 BTC on popular cryptocurrency exchanges. Terra has a market capitalization of $257.18 million and $37.52 million worth of Terra was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 0.2% higher against the dollar and now trades at $0.16 or 0.00000240 BTC.
• Tezos (XTZ) traded 2.1% lower against the dollar and now trades at $0.68 or 0.00001017 BTC.
• Terra Classic (LUNC) traded down 0.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.8% lower against the dollar and now trades at $0.38 or 0.00000564 BTC.
• GXChain (GXC) traded 0% higher against the dollar and now trades at $0.37 or 0.00000556 BTC.
• Adshares (ADS) traded down 0% against the dollar and now trades at $0.22 or 0.00000335 BTC.
• BitShares (BTS) traded 2.4% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Terra Coin 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 709,984,438 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official website 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 currently 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 GDAX, Changelly 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