Terra One Day Trading Volume Hits $45.13 Million (LUNA)

Terra (LUNA) traded 11.2% lower against the dollar during the one day period ending at 10:00 AM Eastern on February 6th. One Terra coin can currently be purchased for approximately $0.25 or 0.00000260 BTC on cryptocurrency exchanges. Terra has a total market cap of $180.18 million and $45.13 million worth of Terra was traded on exchanges in the last 24 hours. Over the last week, Terra has traded 22.3% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded up 0.8% against the dollar and now trades at $0.23 or 0.00000233 BTC.
• Tezos (XTZ) traded 7.5% lower against the dollar and now trades at $0.84 or 0.00000857 BTC.
• Terra Classic (LUNC) traded down 9.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 3.9% against the dollar and now trades at $0.29 or 0.00000292 BTC.
• Adshares (ADS) traded up 0.9% against the dollar and now trades at $0.57 or 0.00000580 BTC.
• GXChain (GXC) traded up 7.3% against the dollar and now trades at $0.28 or 0.00000283 BTC.
• BitShares (BTS) traded 0% higher against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Terra Profile

LUNA uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 709,984,438 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. Terra’s official message board is medium.com/terra-money. 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.

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

LUNA/USD price chart by TradingView