Terra Hits 24 Hour Trading Volume of $76.81 Million (LUNA)

Terra (LUNA) traded 1.4% higher against the US dollar during the 24-hour period ending at 14:00 PM E.T. on March 28th. Terra has a market capitalization of $776.67 million and approximately $76.81 million worth of Terra was traded on exchanges in the last day. Over the last seven days, Terra has traded up 21.2% against the US dollar. One Terra coin can now be purchased for approximately $1.12 or 0.00001574 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.8% against the dollar and now trades at $0.12 or 0.00000170 BTC.
• Tezos (XTZ) traded up 1.8% against the dollar and now trades at $1.40 or 0.00001976 BTC.
• Terra Classic (LUNC) traded up 1.7% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• aelf (ELF) traded 4.1% higher against the dollar and now trades at $0.66 or 0.00000930 BTC.
• GXChain (GXC) traded down 1.1% against the dollar and now trades at $0.51 or 0.00000725 BTC.
• Adshares (ADS) traded 0.1% lower against the dollar and now trades at $0.49 or 0.00000692 BTC.
• BitShares (BTS) traded 0.5% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.

Terra Profile

LUNA uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 696,285,779 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 Twitter account is @terra_money and its Facebook page is accessible here. The official message board for Terra is medium.com/terra-money. The official website for Terra is 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 buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView