Terra (LUNA) 24-Hour Trading Volume Reaches $10.20 Million

Terra (LUNA) traded 1.2% higher against the dollar during the 1-day period ending at 10:00 AM E.T. on February 25th. During the last week, Terra has traded down 3.2% against the dollar. One Terra coin can now be bought for $0.0624 or 0.00000094 BTC on major cryptocurrency exchanges. Terra has a market cap of $44.34 million and $10.20 million worth of Terra was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 1.8% higher against the dollar and now trades at $0.29 or 0.00000431 BTC.
• Tezos (XTZ) traded up 5.3% against the dollar and now trades at $0.39 or 0.00000582 BTC.
• Terra Classic (LUNC) traded up 4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• aelf (ELF) traded up 1.2% against the dollar and now trades at $0.0764 or 0.00000115 BTC.
• GXChain (GXC) traded 0.2% lower against the dollar and now trades at $0.36 or 0.00000546 BTC.
• Adshares (ADS) traded 4% higher against the dollar and now trades at $0.55 or 0.00000834 BTC.
• BitShares (BTS) traded 0.2% lower against the dollar and now trades at $0.0011 or 0.00000002 BTC.

Terra Profile

Terra (CRYPTO:LUNA) 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 Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official message board is medium.com/terra-money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. Terra’s official website 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.”

Buying and Selling Terra

It is usually not possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. 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