Terra Price Up 22.4% Over Last 7 Days (LUNA)

Terra (LUNA) traded 2.3% higher against the U.S. dollar during the 1-day period ending at 11:00 AM ET on September 13th. One Terra coin can currently be purchased for about $0.40 or 0.00000684 BTC on popular cryptocurrency exchanges. Terra has a market capitalization of $278.10 million and approximately $55.17 million worth of Terra was traded on exchanges in the last day. In the last seven days, Terra has traded 22.4% higher against the U.S. dollar.

Here’s how related cryptocurrencies have performed in the last day:

• TRON (TRX) traded 1.2% lower against the dollar and now trades at $0.15 or 0.00000258 BTC.
• Tezos (XTZ) traded 2.2% higher against the dollar and now trades at $0.65 or 0.00001109 BTC.
• Terra Classic (LUNC) traded up 1.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.9% higher against the dollar and now trades at $0.37 or 0.00000638 BTC.
• Adshares (ADS) traded 7.3% lower against the dollar and now trades at $0.20 or 0.00000347 BTC.
• BitShares (BTS) traded down 3.5% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Terra Profile

Terra uses the hashing algorithm. Its genesis date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 695,446,426 coins. Terra’s official website 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.”

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 GDAX, Coinbase 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