Terra Self Reported Market Capitalization Hits $648.67 Million (LUNA)

Terra (LUNA) traded up 4.5% against the dollar during the 24-hour period ending at 17:00 PM Eastern on March 21st. During the last week, Terra has traded down 7.9% against the dollar. Terra has a total market cap of $648.67 million and $113.62 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be purchased for approximately $0.94 or 0.00001441 BTC on major exchanges.

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 up 0.2% against the dollar and now trades at $0.12 or 0.00000186 BTC.
  • Tezos (XTZ) traded down 1.3% against the dollar and now trades at $1.25 or 0.00001917 BTC.
  • Terra Classic (LUNC) traded 0.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded down 1.3% against the dollar and now trades at $0.60 or 0.00000925 BTC.
  • GXChain (GXC) traded down 1.8% against the dollar and now trades at $0.52 or 0.00000800 BTC.
  • Adshares (ADS) traded 3.4% higher against the dollar and now trades at $0.45 or 0.00000697 BTC.
  • BitShares (BTS) traded 0.6% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.

About Terra

Terra 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 690,802,290 coins. The official website for Terra is 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 message board for Terra 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the aforementioned exchanges.

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