Terra 24-Hour Trading Volume Reaches $34.58 Million (LUNA)

Terra (LUNA) traded 7.6% lower against the U.S. dollar during the one day period ending at 22:00 PM E.T. on April 24th. Terra has a total market capitalization of $448.41 million and $34.58 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can now be bought for approximately $0.62 or 0.00000968 BTC on major cryptocurrency exchanges. During the last seven days, Terra has traded 4.5% higher against the U.S. dollar.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.1% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Tezos (XTZ) traded down 4.6% against the dollar and now trades at $1.01 or 0.00001568 BTC.
• Terra Classic (LUNC) traded down 7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 5.6% against the dollar and now trades at $0.57 or 0.00000881 BTC.
• GXChain (GXC) traded down 2.2% against the dollar and now trades at $0.42 or 0.00000651 BTC.
• Adshares (ADS) traded 0.6% higher against the dollar and now trades at $0.44 or 0.00000681 BTC.
• BitShares (BTS) traded 3.9% higher against the dollar and now trades at $0.0034 or 0.00000005 BTC.

Terra Coin Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 721,536,170 coins. 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. 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.

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 presently possible to buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire Terra should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView