Terra Reaches 24-Hour Trading Volume of $38.94 Million (LUNA)

Terra (LUNA) traded up 0.7% against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on April 19th. Over the last seven days, Terra has traded 24.5% lower against the U.S. dollar. Terra has a total market cap of $441.02 million and approximately $38.94 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be bought for about $0.62 or 0.00000954 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded up 0.6% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Tezos (XTZ) traded up 1% against the dollar and now trades at $0.99 or 0.00001530 BTC.
• Terra Classic (LUNC) traded up 0.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1% against the dollar and now trades at $0.57 or 0.00000877 BTC.
• GXChain (GXC) traded down 0.1% against the dollar and now trades at $0.41 or 0.00000632 BTC.
• Adshares (ADS) traded up 13.9% against the dollar and now trades at $0.42 or 0.00000657 BTC.
• BitShares (BTS) traded 1.2% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Terra

Terra uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 716,557,723 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. Terra’s official website is terra.money. 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 buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView