Terra (LUNA) Hits 24 Hour Volume of $21.42 Million

Terra (LUNA) traded up 5.3% against the US dollar during the 1-day period ending at 17:00 PM Eastern on November 5th. Terra has a total market capitalization of $219.72 million and $21.42 million worth of Terra was traded on exchanges in the last day. During the last week, Terra has traded 11.4% lower against the US dollar. One Terra coin can now be bought for $0.31 or 0.00000449 BTC on popular exchanges.

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

• TRON (TRX) traded down 1.7% against the dollar and now trades at $0.16 or 0.00000232 BTC.
• Tezos (XTZ) traded 3.6% higher against the dollar and now trades at $0.61 or 0.00000885 BTC.
• Terra Classic (LUNC) traded 4.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.5% higher against the dollar and now trades at $0.33 or 0.00000478 BTC.
• GXChain (GXC) traded down 2.8% against the dollar and now trades at $0.34 or 0.00000498 BTC.
• Adshares (ADS) traded 2.6% higher against the dollar and now trades at $0.23 or 0.00000326 BTC.
• BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0015 or 0.00000002 BTC.

About Terra

LUNA 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 709,984,438 coins. 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. Terra’s official website 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 currently possible to purchase alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView