Terra Price Tops $0.43 (LUNA)

Terra (LUNA) traded 5.7% higher against the dollar during the 1-day period ending at 23:00 PM ET on June 30th. In the last week, Terra has traded 6.9% higher against the dollar. Terra has a total market cap of $338.87 million and approximately $13.57 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can now be bought for $0.43 or 0.00000684 BTC on popular exchanges.

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

• TRON (TRX) traded 0.3% lower against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Tezos (XTZ) traded up 5.8% against the dollar and now trades at $0.80 or 0.00001269 BTC.
• Terra Classic (LUNC) traded up 4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 2.4% higher against the dollar and now trades at $0.35 or 0.00000559 BTC.
• GXChain (GXC) traded 1.4% higher against the dollar and now trades at $0.39 or 0.00000609 BTC.
• Adshares (ADS) traded up 0.6% against the dollar and now trades at $0.40 or 0.00000629 BTC.
• BitShares (BTS) traded 0.7% lower against the dollar and now trades at $0.0024 or 0.00000004 BTC.

Terra Coin Profile

Terra uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 781,896,522 coins. 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. 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.”

Buying and Selling Terra

It is usually not 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 Gemini, GDAX or Changelly. 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