Terra (LUNA) Trading Down 15.5% Over Last Week

Terra (LUNA) traded down 1.9% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on April 3rd. During the last week, Terra has traded 15.5% lower against the U.S. dollar. One Terra coin can now be bought for approximately $0.96 or 0.00001445 BTC on popular cryptocurrency exchanges. Terra has a market cap of $670.88 million and $73.99 million worth of Terra was traded on exchanges in the last day.

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

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded up 1.1% against the dollar and now trades at $0.12 or 0.00000178 BTC.
  • Tezos (XTZ) traded 0.5% lower against the dollar and now trades at $1.24 or 0.00001872 BTC.
  • Terra Classic (LUNC) traded 0.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded up 0.4% against the dollar and now trades at $0.58 or 0.00000882 BTC.
  • GXChain (GXC) traded down 7.9% against the dollar and now trades at $0.45 or 0.00000683 BTC.
  • Adshares (ADS) traded down 10.9% against the dollar and now trades at $0.41 or 0.00000623 BTC.
  • BitShares (BTS) traded up 2.2% against the dollar and now trades at $0.0039 or 0.00000006 BTC.

Terra Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 702,225,823 coins. Terra’s official message board is medium.com/terra-money. The official website for Terra is terra.money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. 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 possible to purchase alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the exchanges listed above.

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