Terra (LUNA) Trading Up 4.3% Over Last Week

Terra (LUNA) traded down 5.4% against the US dollar during the 24 hour period ending at 16:00 PM Eastern on April 24th. During the last week, Terra has traded up 4.3% against the US dollar. One Terra coin can currently be purchased for $0.63 or 0.00000990 BTC on popular exchanges. Terra has a total market cap of $455.03 million and $34.83 million worth of Terra was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.1% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Tezos (XTZ) traded 3.4% lower against the dollar and now trades at $1.01 or 0.00001590 BTC.
• Terra Classic (LUNC) traded down 5.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.1% against the dollar and now trades at $0.58 or 0.00000911 BTC.
• GXChain (GXC) traded down 2% against the dollar and now trades at $0.42 or 0.00000658 BTC.
• Adshares (ADS) traded 0.5% higher against the dollar and now trades at $0.44 or 0.00000685 BTC.
• BitShares (BTS) traded up 3.1% against the dollar and now trades at $0.0034 or 0.00000005 BTC.

Terra Coin Profile

Terra (CRYPTO: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 721,288,589 coins. The official message board for Terra is medium.com/terra-money. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. 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.”

Buying and Selling Terra

It is usually not presently possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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