Terra Self Reported Market Capitalization Reaches $434.58 Million (LUNA)

Terra (LUNA) traded 4.5% lower against the U.S. dollar during the 1-day period ending at 23:00 PM ET on April 28th. Over the last seven days, Terra has traded down 7.6% against the U.S. dollar. One Terra coin can currently be bought for about $0.60 or 0.00000956 BTC on major exchanges. Terra has a market cap of $434.58 million and $17.60 million worth of Terra was traded on exchanges in the last day.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.4% higher against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Tezos (XTZ) traded 1.8% lower against the dollar and now trades at $1.00 or 0.00001595 BTC.
• Terra Classic (LUNC) traded 3.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4.5% lower against the dollar and now trades at $0.61 or 0.00000975 BTC.
• GXChain (GXC) traded 0% higher against the dollar and now trades at $0.40 or 0.00000633 BTC.
• Adshares (ADS) traded up 2.8% against the dollar and now trades at $0.43 or 0.00000678 BTC.
• BitShares (BTS) traded down 3.6% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

Terra Profile

Terra uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 724,460,468 coins. 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 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.

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 US dollars. Investors seeking to acquire Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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