Terra 1-Day Volume Tops $21.55 Million (LUNA)

Terra (LUNA) traded 0.4% higher against the U.S. dollar during the 1 day period ending at 19:00 PM E.T. on May 25th. In the last week, Terra has traded 4.3% higher against the U.S. dollar. One Terra coin can currently be bought for approximately $0.61 or 0.00000887 BTC on cryptocurrency exchanges. Terra has a market cap of $458.90 million and approximately $21.55 million worth of Terra was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.6% lower against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Tezos (XTZ) traded up 0.9% against the dollar and now trades at $0.99 or 0.00001438 BTC.
• Terra Classic (LUNC) traded down 0.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.1% against the dollar and now trades at $0.52 or 0.00000757 BTC.
• GXChain (GXC) traded 0.5% lower against the dollar and now trades at $0.42 or 0.00000613 BTC.
• Adshares (ADS) traded 1.5% lower against the dollar and now trades at $0.39 or 0.00000559 BTC.
• BitShares (BTS) traded up 0.5% against the dollar and now trades at $0.0032 or 0.00000005 BTC.

Terra Profile

Terra (LUNA) uses the hashing algorithm. Its genesis date was May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 749,080,723 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 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.

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 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 GDAX, Coinbase or Changelly. 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