Terra Trading Up 14.4% This Week (LUNA)

Terra (LUNA) traded 2.2% higher against the U.S. dollar during the twenty-four hour period ending at 18:00 PM Eastern on March 18th. During the last week, Terra has traded 14.4% higher against the U.S. dollar. One Terra coin can now be bought for about $1.46 or 0.00005342 BTC on popular exchanges. Terra has a market cap of $343.82 million and $103.84 million worth of Terra was traded on exchanges in the last day.

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

• Belrium (BEL) traded 0.1% lower against the dollar and now trades at $2.72 or 0.00009965 BTC.
• TRON (TRX) traded 1.6% lower against the dollar and now trades at $0.0664 or 0.00000243 BTC.
• Tezos (XTZ) traded 1.3% lower against the dollar and now trades at $1.21 or 0.00004434 BTC.
• Terra Classic (LUNC) traded up 3.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.7% lower against the dollar and now trades at $0.31 or 0.00001151 BTC.
• BitShares (BTS) traded 2% lower against the dollar and now trades at $0.0116 or 0.00000043 BTC.
• Adshares (ADS) traded 0.8% higher against the dollar and now trades at $0.91 or 0.00003337 BTC.
• GXChain (GXC) traded 0.9% lower against the dollar and now trades at $0.44 or 0.00001606 BTC.

Terra 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 236,029,415 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. Terra’s official website 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 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView