Terra 1-Day Volume Reaches $14.19 Million (LUNA)

Terra (LUNA) traded up 1.3% against the dollar during the 24-hour period ending at 8:00 AM Eastern on September 8th. Terra has a total market capitalization of $228.84 million and approximately $14.19 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be purchased for approximately $0.33 or 0.00000608 BTC on popular cryptocurrency exchanges. In the last week, Terra has traded 2.9% lower against the dollar.

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

• TRON (TRX) traded 0.5% higher against the dollar and now trades at $0.15 or 0.00000278 BTC.
• Tezos (XTZ) traded up 0.4% against the dollar and now trades at $0.61 or 0.00001128 BTC.
• Terra Classic (LUNC) traded up 1.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.8% higher against the dollar and now trades at $0.35 or 0.00000650 BTC.
• GXChain (GXC) traded down 4.1% against the dollar and now trades at $0.32 or 0.00000580 BTC.
• Adshares (ADS) traded 0.3% higher against the dollar and now trades at $0.21 or 0.00000378 BTC.
• BitShares (BTS) traded 1.2% higher against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Terra Coin 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 691,077,625 coins. The official message board for Terra is medium.com/terra-money. The official website for Terra is terra.money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. 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.”

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 acquire Terra should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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