Terra (LUNA) Trading Down 2.7% This Week

Terra (LUNA) traded down 3% against the U.S. dollar during the one day period ending at 20:00 PM Eastern on September 22nd. One Terra coin can currently be purchased for approximately $0.38 or 0.00000605 BTC on popular cryptocurrency exchanges. During the last week, Terra has traded 2.7% lower against the U.S. dollar. Terra has a market capitalization of $270.44 million and $22.41 million worth of Terra was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Tezos (XTZ) traded 2.1% lower against the dollar and now trades at $0.69 or 0.00001088 BTC.
• Terra Classic (LUNC) traded down 2.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.2% lower against the dollar and now trades at $0.39 or 0.00000616 BTC.
• GXChain (GXC) traded down 1.7% against the dollar and now trades at $0.32 or 0.00000508 BTC.
• Adshares (ADS) traded 16.1% higher against the dollar and now trades at $0.21 or 0.00000327 BTC.
• BitShares (BTS) traded 0.8% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Terra Profile

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 703,456,903 coins. 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 message board is medium.com/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.”

Terra Coin Trading

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 Coinbase, Gemini or GDAX. 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