Terra Reaches Self Reported Market Capitalization of $261.15 Million (LUNA)

Terra (LUNA) traded 1% lower against the US dollar during the 1-day period ending at 0:00 AM E.T. on October 19th. During the last week, Terra has traded 2% higher against the US dollar. Terra has a market cap of $261.15 million and $22.26 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be purchased for about $0.37 or 0.00000539 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded down 1.4% against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Tezos (XTZ) traded 1.3% lower against the dollar and now trades at $0.69 or 0.00001010 BTC.
• Terra Classic (LUNC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1% lower against the dollar and now trades at $0.38 or 0.00000564 BTC.
• GXChain (GXC) traded up 1.1% against the dollar and now trades at $0.36 or 0.00000530 BTC.
• Adshares (ADS) traded 11.4% higher against the dollar and now trades at $0.23 or 0.00000336 BTC.
• BitShares (BTS) traded down 1.5% against the dollar and now trades at $0.0017 or 0.00000002 BTC.

Terra Profile

Terra (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 709,984,438 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. 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.

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 presently possible to purchase alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView