Terra (LUNA) Tops One Day Volume of $18.03 Million

Terra (LUNA) traded down 4.1% against the US dollar during the twenty-four hour period ending at 13:00 PM Eastern on August 14th. Over the last week, Terra has traded 5.9% higher against the US dollar. Terra has a market cap of $266.98 million and $18.03 million worth of Terra was traded on exchanges in the last day. One Terra coin can currently be purchased for about $0.32 or 0.00000549 BTC on major cryptocurrency exchanges.

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

• TRON (TRX) traded up 1.7% against the dollar and now trades at $0.13 or 0.00000221 BTC.
• Tezos (XTZ) traded down 4.8% against the dollar and now trades at $0.66 or 0.00001120 BTC.
• Terra Classic (LUNC) traded 2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.5% lower against the dollar and now trades at $0.39 or 0.00000661 BTC.
• GXChain (GXC) traded up 7.3% against the dollar and now trades at $0.39 or 0.00000663 BTC.
• Adshares (ADS) traded 1% higher against the dollar and now trades at $0.22 or 0.00000374 BTC.
• BitShares (BTS) traded down 1.7% against the dollar and now trades at $0.0019 or 0.00000003 BTC.

Terra Coin Profile

Terra 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 822,073,141 coins. 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. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. 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 currently possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. 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