Terra Reaches 1-Day Volume of $31.04 Million (LUNA)

Terra (LUNA) traded down 6.6% against the US dollar during the 1-day period ending at 0:00 AM Eastern on April 30th. Over the last seven days, Terra has traded 18.4% lower against the US dollar. Terra has a total market capitalization of $402.78 million and $31.04 million worth of Terra was traded on exchanges in the last day. One Terra coin can currently be bought for approximately $0.55 or 0.00000920 BTC on popular cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.2% higher against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Tezos (XTZ) traded 6% lower against the dollar and now trades at $0.92 or 0.00001527 BTC.
• Terra Classic (LUNC) traded 5.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 14.9% against the dollar and now trades at $0.52 or 0.00000867 BTC.
• GXChain (GXC) traded down 1.9% against the dollar and now trades at $0.39 or 0.00000646 BTC.
• Adshares (ADS) traded down 4.3% against the dollar and now trades at $0.40 or 0.00000663 BTC.
• BitShares (BTS) traded down 3.5% against the dollar and now trades at $0.0031 or 0.00000005 BTC.

About Terra

LUNA 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 726,920,835 coins. The official message board for Terra is medium.com/terra-money. Terra’s official website is 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.

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 currently possible to purchase alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView