Terra (LUNA) Price Down 5.2% Over Last Week

Terra (LUNA) traded up 1.4% against the dollar during the 1 day period ending at 9:00 AM E.T. on September 21st. One Terra coin can now be bought for $0.39 or 0.00000623 BTC on cryptocurrency exchanges. Over the last seven days, Terra has traded 5.2% lower against the dollar. Terra has a market cap of $276.18 million and approximately $21.73 million worth of Terra was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded up 0.2% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Tezos (XTZ) traded 3.1% higher against the dollar and now trades at $0.70 or 0.00001116 BTC.
• Terra Classic (LUNC) traded down 0.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 6% higher against the dollar and now trades at $0.40 or 0.00000634 BTC.
• GXChain (GXC) traded 9.9% higher against the dollar and now trades at $0.35 or 0.00000552 BTC.
• BitShares (BTS) traded 0.5% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• Adshares (ADS) traded 40.2% lower against the dollar and now trades at $0.11 or 0.00000177 BTC.

Terra Coin Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 702,202,054 coins. 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. The official website for Terra is terra.money. 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 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 Changelly, GDAX or Coinbase. 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