Terra (LUNA) Price Hits $0.61 on Top Exchanges

Terra (LUNA) traded 2.7% lower against the U.S. dollar during the 1-day period ending at 10:00 AM E.T. on April 27th. One Terra coin can currently be purchased for $0.61 or 0.00000968 BTC on cryptocurrency exchanges. During the last week, Terra has traded down 0.9% against the U.S. dollar. Terra has a market capitalization of $442.58 million and $25.90 million worth of Terra was traded on exchanges in the last 24 hours.

Here’s how similar 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 1.1% higher against the dollar and now trades at $0.12 or 0.00000191 BTC.
• Tezos (XTZ) traded down 0.7% against the dollar and now trades at $1.01 or 0.00001593 BTC.
• Terra Classic (LUNC) traded 3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 8% higher against the dollar and now trades at $0.64 or 0.00001018 BTC.
• GXChain (GXC) traded 0.3% lower against the dollar and now trades at $0.40 or 0.00000630 BTC.
• Adshares (ADS) traded 1.4% higher against the dollar and now trades at $0.42 or 0.00000661 BTC.
• BitShares (BTS) traded 0.8% higher against the dollar and now trades at $0.0033 or 0.00000005 BTC.

Terra Profile

Terra (CRYPTO: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 723,703,241 coins. Terra’s official website is 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 message board is medium.com/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 buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire 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 exchanges listed above.

LUNA/USD price chart by TradingView