Terra (LUNA) Hits Self Reported Market Capitalization of $444.13 Million

Terra (LUNA) traded 2.5% lower against the U.S. dollar during the one day period ending at 17:00 PM ET on May 26th. One Terra coin can now be bought for approximately $0.59 or 0.00000862 BTC on popular exchanges. Terra has a market cap of $444.13 million and approximately $25.37 million worth of Terra was traded on exchanges in the last day. In the last week, Terra has traded 4.6% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.5% lower against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Tezos (XTZ) traded 4% lower against the dollar and now trades at $0.96 or 0.00001395 BTC.
• Terra Classic (LUNC) traded 2.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.5% lower against the dollar and now trades at $0.52 or 0.00000757 BTC.
• GXChain (GXC) traded down 2.8% against the dollar and now trades at $0.41 or 0.00000600 BTC.
• Adshares (ADS) traded down 0.9% against the dollar and now trades at $0.38 or 0.00000557 BTC.
• BitShares (BTS) traded 0.5% higher against the dollar and now trades at $0.0032 or 0.00000005 BTC.

About Terra

Terra (CRYPTO:LUNA) 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 749,888,607 coins. 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. Terra’s official website is terra.money. 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 possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade 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