Terra Tops 24 Hour Trading Volume of $80.40 Million (LUNA)

Terra (LUNA) traded down 1.2% against the dollar during the one day period ending at 10:00 AM E.T. on November 18th. One Terra coin can now be purchased for $0.44 or 0.00000492 BTC on exchanges. During the last week, Terra has traded 15.4% higher against the dollar. Terra has a market cap of $315.90 million and $80.40 million worth of Terra was traded on exchanges in the last day.

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

• TRON (TRX) traded 4.1% higher against the dollar and now trades at $0.20 or 0.00000226 BTC.
• Tezos (XTZ) traded 21% higher against the dollar and now trades at $0.96 or 0.00001065 BTC.
• Terra Classic (LUNC) traded up 0.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.8% higher against the dollar and now trades at $0.39 or 0.00000436 BTC.
• GXChain (GXC) traded down 3.3% against the dollar and now trades at $0.38 or 0.00000419 BTC.
• Adshares (ADS) traded up 1.9% against the dollar and now trades at $0.31 or 0.00000348 BTC.
• BitShares (BTS) traded 0.2% higher against the dollar and now trades at $0.0020 or 0.00000002 BTC.

Terra Profile

LUNA uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 709,984,438 coins. Terra’s official website is terra.money. 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.

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 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 Changelly, Gemini or GDAX. 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