Terra (LUNA) 24-Hour Volume Tops $15.44 Million

Terra (LUNA) traded 1.5% higher against the U.S. dollar during the 24-hour period ending at 7:00 AM Eastern on March 2nd. Terra has a market cap of $161.17 million and $15.44 million worth of Terra was traded on exchanges in the last 24 hours. In the last week, Terra has traded down 10.9% against the U.S. dollar. One Terra coin can currently be purchased for $0.23 or 0.00000264 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• TRON (TRX) traded up 0% against the dollar and now trades at $0.23 or 0.00000270 BTC.
• Tezos (XTZ) traded 2.5% higher against the dollar and now trades at $0.76 or 0.00000888 BTC.
• Terra Classic (LUNC) traded up 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.4% against the dollar and now trades at $0.26 or 0.00000307 BTC.
• Adshares (ADS) traded up 2.3% against the dollar and now trades at $0.55 or 0.00000635 BTC.
• GXChain (GXC) traded down 2.8% against the dollar and now trades at $0.23 or 0.00000268 BTC.
• BitShares (BTS) traded down 0.8% against the dollar and now trades at $0.0011 or 0.00000001 BTC.

About Terra

Terra 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. The official website for Terra is terra.money. Terra’s official message board is medium.com/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.

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 buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first buy Bitcoin or Ethereum using an exchange that deals in US 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