Terra Price Tops $0.43 on Exchanges (LUNA)

Terra (LUNA) traded 10.1% lower against the dollar during the 1 day period ending at 12:00 PM ET on June 18th. One Terra coin can now be purchased for approximately $0.43 or 0.00000658 BTC on major exchanges. During the last seven days, Terra has traded 21.8% lower against the dollar. Terra has a total market capitalization of $327.66 million and $44.78 million worth of Terra was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.7% lower against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Tezos (XTZ) traded down 5.6% against the dollar and now trades at $0.72 or 0.00001114 BTC.
• Terra Classic (LUNC) traded down 4.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 11% higher against the dollar and now trades at $0.39 or 0.00000599 BTC.
• GXChain (GXC) traded down 0.6% against the dollar and now trades at $0.37 or 0.00000570 BTC.
• Adshares (ADS) traded down 5.4% against the dollar and now trades at $0.41 or 0.00000637 BTC.
• BitShares (BTS) traded down 3.1% against the dollar and now trades at $0.0026 or 0.00000004 BTC.

About Terra

Terra 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 770,739,947 coins. The official website for Terra is terra.money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for Terra 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.”

Terra Coin Trading

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