Terra (LUNA) Self Reported Market Capitalization Tops $236.47 Million

Terra (LUNA) traded 0.8% higher against the dollar during the 24 hour period ending at 23:00 PM E.T. on October 26th. One Terra coin can currently be purchased for about $0.33 or 0.00000497 BTC on major exchanges. In the last week, Terra has traded 9.3% lower against the dollar. Terra has a total market cap of $236.47 million and approximately $20.98 million worth of Terra was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded 1.6% higher against the dollar and now trades at $0.17 or 0.00000248 BTC.
• Tezos (XTZ) traded down 0.3% against the dollar and now trades at $0.63 or 0.00000944 BTC.
• Terra Classic (LUNC) traded 0.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.6% against the dollar and now trades at $0.35 or 0.00000522 BTC.
• GXChain (GXC) traded 0.9% lower against the dollar and now trades at $0.35 or 0.00000523 BTC.
• Adshares (ADS) traded up 0.8% against the dollar and now trades at $0.22 or 0.00000329 BTC.
• BitShares (BTS) traded up 0.5% against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Terra Profile

Terra (LUNA) uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 709,984,438 coins. The official website for Terra is terra.money. 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 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 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 GDAX, Coinbase or Changelly. 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