Terra One Day Trading Volume Reaches $82.41 Million (LUNA)

Terra (LUNA) traded up 2% against the U.S. dollar during the one day period ending at 14:00 PM Eastern on May 6th. One Terra coin can now be bought for about $0.61 or 0.00000967 BTC on popular exchanges. Terra has a market cap of $447.28 million and approximately $82.41 million worth of Terra was traded on exchanges in the last day. During the last week, Terra has traded up 3.3% against the U.S. dollar.

Here’s how related 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 1.8% lower against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Tezos (XTZ) traded down 2.4% against the dollar and now trades at $0.95 or 0.00001497 BTC.
• Terra Classic (LUNC) traded up 2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.5% lower against the dollar and now trades at $0.55 or 0.00000873 BTC.
• GXChain (GXC) traded down 2.3% against the dollar and now trades at $0.42 or 0.00000662 BTC.
• Adshares (ADS) traded 0.4% lower against the dollar and now trades at $0.41 or 0.00000645 BTC.
• BitShares (BTS) traded 1.8% higher against the dollar and now trades at $0.0032 or 0.00000005 BTC.

About Terra

Terra uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 731,909,533 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.”

Buying and Selling Terra

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