Terra (LUNA) Price Reaches $0.40 on Major Exchanges

Terra (LUNA) traded down 7.8% against the U.S. dollar during the 24 hour period ending at 20:00 PM E.T. on September 15th. During the last seven days, Terra has traded 18.5% higher against the U.S. dollar. Terra has a total market cap of $276.01 million and $49.75 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be purchased for approximately $0.40 or 0.00000669 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1% higher against the dollar and now trades at $0.15 or 0.00000252 BTC.
• Tezos (XTZ) traded 3.3% lower against the dollar and now trades at $0.63 or 0.00001063 BTC.
• Terra Classic (LUNC) traded 7.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 2.9% against the dollar and now trades at $0.36 or 0.00000615 BTC.
• GXChain (GXC) traded 0.1% lower against the dollar and now trades at $0.31 or 0.00000517 BTC.
• Adshares (ADS) traded 28.2% lower against the dollar and now trades at $0.20 or 0.00000336 BTC.
• BitShares (BTS) traded up 0.8% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Terra Profile

Terra uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 697,480,473 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official message board is medium.com/terra-money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. Terra’s official website 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 buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView