Terra (LUNA) Self Reported Market Capitalization Tops $271.34 Million

Terra (LUNA) traded 0.3% lower against the U.S. dollar during the 1-day period ending at 19:00 PM E.T. on September 23rd. Over the last seven days, Terra has traded up 3.1% against the U.S. dollar. One Terra coin can now be bought for about $0.39 or 0.00000609 BTC on cryptocurrency exchanges. Terra has a market cap of $271.34 million and approximately $32.46 million worth of Terra was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded up 0.3% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Tezos (XTZ) traded up 0.8% against the dollar and now trades at $0.70 or 0.00001102 BTC.
• Terra Classic (LUNC) traded up 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.2% higher against the dollar and now trades at $0.40 or 0.00000625 BTC.
• GXChain (GXC) traded 5.9% higher against the dollar and now trades at $0.34 or 0.00000538 BTC.
• Adshares (ADS) traded 0.8% higher against the dollar and now trades at $0.21 or 0.00000331 BTC.
• BitShares (BTS) traded 0.1% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Terra Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 704,294,019 coins. The official message board for Terra 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.”

Terra Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView