Terra Self Reported Market Capitalization Achieves $265.18 Million (LUNA)

Terra (LUNA) traded down 0.6% against the dollar during the twenty-four hour period ending at 9:00 AM ET on August 19th. Terra has a market cap of $265.18 million and $19.81 million worth of Terra was traded on exchanges in the last 24 hours. In the last week, Terra has traded down 4.8% against the dollar. One Terra coin can now be purchased for approximately $0.32 or 0.00000546 BTC on exchanges.

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

• TRON (TRX) traded up 3.5% against the dollar and now trades at $0.14 or 0.00000236 BTC.
• Tezos (XTZ) traded 1.5% lower against the dollar and now trades at $0.66 or 0.00001116 BTC.
• Terra Classic (LUNC) traded 1.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.2% against the dollar and now trades at $0.38 or 0.00000648 BTC.
• GXChain (GXC) traded up 0.7% against the dollar and now trades at $0.37 or 0.00000633 BTC.
• Adshares (ADS) traded up 1.6% against the dollar and now trades at $0.22 or 0.00000382 BTC.
• BitShares (BTS) traded up 0.2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Terra

Terra (CRYPTO:LUNA) uses the hashing algorithm. Its genesis date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 826,439,299 coins. 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. 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.”

Buying and Selling Terra

It is usually not possible to purchase alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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