Terra (LUNA) Price Tops $0.35 on Major Exchanges

Terra (LUNA) traded 0.3% lower against the dollar during the 1 day period ending at 20:00 PM E.T. on October 30th. During the last week, Terra has traded down 3.7% against the dollar. One Terra coin can currently be purchased for about $0.35 or 0.00000485 BTC on popular exchanges. Terra has a market capitalization of $248.06 million and approximately $20.77 million worth of Terra was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• TRON (TRX) traded up 2% against the dollar and now trades at $0.17 or 0.00000235 BTC.
• Tezos (XTZ) traded down 1.9% against the dollar and now trades at $0.66 or 0.00000919 BTC.
• Terra Classic (LUNC) traded 1.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.1% against the dollar and now trades at $0.36 or 0.00000497 BTC.
• GXChain (GXC) traded down 5.6% against the dollar and now trades at $0.36 or 0.00000495 BTC.
• Adshares (ADS) traded down 3.1% against the dollar and now trades at $0.22 or 0.00000308 BTC.
• BitShares (BTS) traded up 3.3% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Coin Profile

Terra (LUNA) 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 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. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official website is 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 presently possible to buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire Terra should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView