Terra 24 Hour Trading Volume Reaches $20.77 Million (LUNA)

Terra (LUNA) traded down 0.3% against the US dollar during the 1 day period ending at 20:00 PM E.T. on October 30th. One Terra coin can now be bought for $0.35 or 0.00000485 BTC on cryptocurrency exchanges. Terra has a total market cap of $248.06 million and approximately $20.77 million worth of Terra was traded on exchanges in the last 24 hours. During the last week, Terra has traded 3.7% lower against the US dollar.

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

• TRON (TRX) traded up 2% against the dollar and now trades at $0.17 or 0.00000235 BTC.
• Tezos (XTZ) traded 1.9% lower against the dollar and now trades at $0.66 or 0.00000919 BTC.
• Terra Classic (LUNC) traded 1.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.1% against the dollar and now trades at $0.36 or 0.00000497 BTC.
• GXChain (GXC) traded 5.6% lower against the dollar and now trades at $0.36 or 0.00000495 BTC.
• Adshares (ADS) traded 3.1% lower against the dollar and now trades at $0.22 or 0.00000308 BTC.
• BitShares (BTS) traded 3.3% higher against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Terra

Terra (CRYPTO:LUNA) 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 709,984,438 coins. The official website for Terra is terra.money. 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. 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 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 Coinbase, Gemini or Changelly. 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