Terra Price Hits $0.37 on Top Exchanges (LUNA)

Terra (LUNA) traded 1% higher against the US dollar during the 24-hour period ending at 22:00 PM Eastern on October 16th. Terra has a market cap of $264.44 million and approximately $40.45 million worth of Terra was traded on exchanges in the last 24 hours. During the last week, Terra has traded up 4.7% against the US dollar. One Terra coin can now be purchased for approximately $0.37 or 0.00000549 BTC on exchanges.

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

• TRON (TRX) traded 0.8% higher against the dollar and now trades at $0.16 or 0.00000236 BTC.
• Tezos (XTZ) traded down 0.6% against the dollar and now trades at $0.70 or 0.00001025 BTC.
• Terra Classic (LUNC) traded 1.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.1% against the dollar and now trades at $0.38 or 0.00000567 BTC.
• GXChain (GXC) traded up 6.5% against the dollar and now trades at $0.37 or 0.00000546 BTC.
• Adshares (ADS) traded 1.6% higher against the dollar and now trades at $0.23 or 0.00000333 BTC.
• BitShares (BTS) traded 1.4% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Terra Coin Profile

Terra uses the hashing algorithm. It launched 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 website is terra.money. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. 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 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView