Terra Price Down 20% Over Last Week (LUNA)

Terra (LUNA) traded 7.9% lower against the U.S. dollar during the 1-day period ending at 19:00 PM ET on June 18th. One Terra coin can now be bought for approximately $0.43 or 0.00000668 BTC on major exchanges. During the last week, Terra has traded down 20% against the U.S. dollar. Terra has a market cap of $335.30 million and $47.66 million worth of Terra was traded on exchanges in the last day.

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

• TRON (TRX) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000177 BTC.
• Tezos (XTZ) traded down 2% against the dollar and now trades at $0.75 or 0.00001151 BTC.
• Terra Classic (LUNC) traded down 3.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 12.8% higher against the dollar and now trades at $0.40 or 0.00000608 BTC.
• GXChain (GXC) traded 0.8% lower against the dollar and now trades at $0.37 or 0.00000565 BTC.
• Adshares (ADS) traded down 5.2% against the dollar and now trades at $0.42 or 0.00000646 BTC.
• BitShares (BTS) traded down 3.7% against the dollar and now trades at $0.0026 or 0.00000004 BTC.

Terra Profile

Terra (LUNA) uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 771,052,780 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. The official website for Terra is terra.money. Terra’s official message board 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 buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire Terra should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView