Terra One Day Trading Volume Reaches $26.60 Million (LUNA)

Terra (LUNA) traded up 6.3% against the US dollar during the 1-day period ending at 0:00 AM E.T. on July 8th. During the last seven days, Terra has traded 11.8% lower against the US dollar. One Terra coin can now be purchased for $0.37 or 0.00000653 BTC on major exchanges. Terra has a market capitalization of $294.87 million and $26.60 million worth of Terra was traded on exchanges in the last day.

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

• TRON (TRX) traded up 3.2% against the dollar and now trades at $0.13 or 0.00000224 BTC.
• Tezos (XTZ) traded 6.2% higher against the dollar and now trades at $0.73 or 0.00001267 BTC.
• Terra Classic (LUNC) traded 4.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 9.3% lower against the dollar and now trades at $0.40 or 0.00000695 BTC.
• GXChain (GXC) traded up 4.1% against the dollar and now trades at $0.34 or 0.00000596 BTC.
• Adshares (ADS) traded 0.9% higher against the dollar and now trades at $0.36 or 0.00000622 BTC.
• BitShares (BTS) traded up 3.2% against the dollar and now trades at $0.0020 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 789,044,976 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official message board for Terra is medium.com/terra-money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible 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 U.S. dollars. Investors seeking to trade Terra should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, 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