Terra Price Tops $0.43 on Major Exchanges (LUNA)

Terra (LUNA) traded down 1.5% against the US dollar during the 24 hour period ending at 11:00 AM E.T. on July 23rd. Terra has a market capitalization of $342.53 million and $31.02 million worth of Terra was traded on exchanges in the last day. In the last seven days, Terra has traded up 2.2% against the US dollar. One Terra coin can currently be purchased for about $0.43 or 0.00000638 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded down 0.6% against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Tezos (XTZ) traded down 0.9% against the dollar and now trades at $0.77 or 0.00001154 BTC.
• Terra Classic (LUNC) traded 3.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 0.1% against the dollar and now trades at $0.40 or 0.00000595 BTC.
• GXChain (GXC) traded up 0.1% against the dollar and now trades at $0.34 or 0.00000512 BTC.
• Adshares (ADS) traded down 25.6% against the dollar and now trades at $0.29 or 0.00000433 BTC.
• BitShares (BTS) traded 1.4% lower against the dollar and now trades at $0.0022 or 0.00000003 BTC.

Terra Profile

Terra (LUNA) uses the hashing algorithm. Its genesis date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 802,019,037 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for Terra is terra.money. The official message board for Terra 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.

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

LUNA/USD price chart by TradingView