Terra 24 Hour Volume Reaches $19.66 Million (LUNA)

Terra (LUNA) traded up 0.2% against the U.S. dollar during the 24-hour period ending at 15:00 PM Eastern on May 26th. Terra has a total market cap of $237.94 million and approximately $19.66 million worth of Terra was traded on exchanges in the last 24 hours. Over the last week, Terra has traded down 6.8% against the U.S. dollar. One Terra coin can now be purchased for approximately $0.87 or 0.00003234 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Belrium (BEL) traded 0.5% higher against the dollar and now trades at $2.56 or 0.00009569 BTC.
• TRON (TRX) traded down 1.7% against the dollar and now trades at $0.0764 or 0.00000285 BTC.
• Tezos (XTZ) traded 1% higher against the dollar and now trades at $0.88 or 0.00003284 BTC.
• Terra Classic (LUNC) traded 2.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.28 or 0.00001063 BTC.
• Adshares (ADS) traded 2% higher against the dollar and now trades at $0.85 or 0.00003165 BTC.
• GXChain (GXC) traded up 4.7% against the dollar and now trades at $0.38 or 0.00001422 BTC.
• BitShares (BTS) traded up 0.9% against the dollar and now trades at $0.0078 or 0.00000029 BTC.

Terra Profile

Terra 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 274,731,246 coins. Terra’s official message board is medium.com/terra-money. 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. Terra’s official Twitter account is @terra_money and its Facebook page is accessible 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.”

Buying and Selling Terra

It is usually not possible to buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView