Terra (LUNA) Self Reported Market Capitalization Achieves $436.60 Million

Terra (LUNA) traded up 1.8% against the US dollar during the twenty-four hour period ending at 14:00 PM ET on April 17th. Terra has a total market cap of $436.60 million and $31.67 million worth of Terra was traded on exchanges in the last 24 hours. Over the last seven days, Terra has traded 28.1% lower against the US dollar. One Terra coin can now be purchased for approximately $0.61 or 0.00000988 BTC on popular cryptocurrency exchanges.

Here is how similar 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% higher against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Tezos (XTZ) traded 2% lower against the dollar and now trades at $0.97 or 0.00001576 BTC.
• Terra Classic (LUNC) traded 1.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.1% lower against the dollar and now trades at $0.55 or 0.00000893 BTC.
• GXChain (GXC) traded down 0.7% against the dollar and now trades at $0.41 or 0.00000661 BTC.
• Adshares (ADS) traded up 0.3% against the dollar and now trades at $0.37 or 0.00000604 BTC.
• BitShares (BTS) traded 0.9% higher against the dollar and now trades at $0.0030 or 0.00000005 BTC.

About Terra

LUNA uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 714,970,948 coins. 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 message board is medium.com/terra-money. The official website for Terra 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.”

Terra Coin Trading

It is usually not presently 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