Terra Reaches 24 Hour Trading Volume of $46.53 Million (LUNA)

Terra (LUNA) traded up 10.8% against the dollar during the twenty-four hour period ending at 16:00 PM Eastern on September 19th. One Terra coin can currently be bought for approximately $0.40 or 0.00000638 BTC on exchanges. During the last week, Terra has traded up 1.5% against the dollar. Terra has a total market cap of $282.53 million and $46.53 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:

• TRON (TRX) traded up 1.3% against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Tezos (XTZ) traded 7.7% higher against the dollar and now trades at $0.68 or 0.00001073 BTC.
• Terra Classic (LUNC) traded 8.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.6% higher against the dollar and now trades at $0.37 or 0.00000584 BTC.
• GXChain (GXC) traded down 0.6% against the dollar and now trades at $0.31 or 0.00000493 BTC.
• Adshares (ADS) traded up 3.7% against the dollar and now trades at $0.20 or 0.00000320 BTC.
• BitShares (BTS) traded down 1.1% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Terra Profile

Terra 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 700,767,308 coins. The official website for Terra is terra.money. The official message board for Terra is medium.com/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.”

Buying and Selling Terra

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