Terra (LUNA) Price Reaches $0.62

Terra (LUNA) traded up 0.7% against the dollar during the 1 day period ending at 11:00 AM E.T. on April 19th. One Terra coin can currently be purchased for $0.62 or 0.00000954 BTC on major cryptocurrency exchanges. During the last seven days, Terra has traded down 24.5% against the dollar. Terra has a total market capitalization of $441.02 million and $38.94 million worth of Terra was traded on exchanges in the last 24 hours.

Here is how other 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 0.6% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Tezos (XTZ) traded 1% higher against the dollar and now trades at $0.99 or 0.00001530 BTC.
• Terra Classic (LUNC) traded 0.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1% higher against the dollar and now trades at $0.57 or 0.00000877 BTC.
• GXChain (GXC) traded 0.1% lower against the dollar and now trades at $0.41 or 0.00000632 BTC.
• Adshares (ADS) traded 13.9% higher against the dollar and now trades at $0.42 or 0.00000657 BTC.
• BitShares (BTS) traded 1.2% higher against the dollar and now trades at $0.0031 or 0.00000005 BTC.

Terra Coin 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 716,557,723 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. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for Terra is medium.com/terra-money.

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 purchase alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView