Terra Price Tops $1.10 on Exchanges (LUNA)

Terra (LUNA) traded up 0.5% against the dollar during the twenty-four hour period ending at 9:00 AM ET on March 29th. During the last seven days, Terra has traded up 20.2% against the dollar. Terra has a total market capitalization of $767.39 million and $90.72 million worth of Terra was traded on exchanges in the last day. One Terra coin can now be bought for $1.10 or 0.00001568 BTC on major exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.1% against the dollar and now trades at $0.12 or 0.00000171 BTC.
• Tezos (XTZ) traded up 3.5% against the dollar and now trades at $1.43 or 0.00002037 BTC.
• Terra Classic (LUNC) traded up 0.8% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• aelf (ELF) traded 0.5% higher against the dollar and now trades at $0.66 or 0.00000941 BTC.
• GXChain (GXC) traded down 1.3% against the dollar and now trades at $0.50 or 0.00000719 BTC.
• Adshares (ADS) traded 4.5% higher against the dollar and now trades at $0.52 or 0.00000735 BTC.
• BitShares (BTS) traded up 0.5% against the dollar and now trades at $0.0041 or 0.00000006 BTC.

Terra Coin Profile

Terra (LUNA) uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 697,696,759 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official website is terra.money. 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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