Terra (LUNA) Hits Self Reported Market Cap of $457.95 Million

Terra (LUNA) traded up 3.6% against the US dollar during the 1 day period ending at 12:00 PM Eastern on April 20th. Over the last week, Terra has traded down 7.2% against the US dollar. One Terra coin can currently be purchased for approximately $0.64 or 0.00000996 BTC on cryptocurrency exchanges. Terra has a market cap of $457.95 million and approximately $33.45 million worth of Terra was traded on exchanges in the last 24 hours.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.4% lower against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Tezos (XTZ) traded up 2.9% against the dollar and now trades at $1.02 or 0.00001592 BTC.
• Terra Classic (LUNC) traded up 4.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0% lower against the dollar and now trades at $0.57 or 0.00000883 BTC.
• GXChain (GXC) traded down 3.1% against the dollar and now trades at $0.40 or 0.00000615 BTC.
• Adshares (ADS) traded up 2.1% against the dollar and now trades at $0.43 or 0.00000674 BTC.
• BitShares (BTS) traded up 1% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Terra Profile

Terra (LUNA) uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 716,557,723 coins. Terra’s official message board 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. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed 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 buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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