Terra (LUNA) Reaches Self Reported Market Cap of $475.91 Million

Terra (LUNA) traded up 9.3% against the dollar during the 1 day period ending at 22:00 PM ET on April 20th. In the last week, Terra has traded up 15.2% against the dollar. One Terra coin can now be bought for $0.66 or 0.00001021 BTC on exchanges. Terra has a market capitalization of $475.91 million and approximately $46.00 million worth of Terra was traded on exchanges in the last 24 hours.

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

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded 0.8% higher against the dollar and now trades at $0.11 or 0.00000171 BTC.
  • Tezos (XTZ) traded 8.1% higher against the dollar and now trades at $1.08 or 0.00001654 BTC.
  • Terra Classic (LUNC) traded up 8.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded 2.5% higher against the dollar and now trades at $0.57 or 0.00000883 BTC.
  • GXChain (GXC) traded down 2.3% against the dollar and now trades at $0.40 or 0.00000617 BTC.
  • Adshares (ADS) traded 1.8% higher against the dollar and now trades at $0.43 or 0.00000665 BTC.
  • BitShares (BTS) traded 2.5% higher against the dollar and now trades at $0.0032 or 0.00000005 BTC.

About Terra

Terra (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 717,156,824 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for Terra is terra.money. Terra’s official message board 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.”

Buying and Selling Terra

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the exchanges listed above.

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