Terra (LUNA) Price Up 1.3% Over Last 7 Days

Terra (LUNA) traded 0.2% lower against the dollar during the 24-hour period ending at 23:00 PM Eastern on November 1st. One Terra coin can now be purchased for approximately $0.34 or 0.00000483 BTC on popular exchanges. Terra has a total market capitalization of $238.76 million and approximately $22.82 million worth of Terra was traded on exchanges in the last day. In the last week, Terra has traded up 1.3% against the dollar.

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

• TRON (TRX) traded down 0.5% against the dollar and now trades at $0.17 or 0.00000240 BTC.
• Tezos (XTZ) traded up 0.5% against the dollar and now trades at $0.63 or 0.00000907 BTC.
• Terra Classic (LUNC) traded 0.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 0.2% lower against the dollar and now trades at $0.35 or 0.00000503 BTC.
• GXChain (GXC) traded down 0.1% against the dollar and now trades at $0.35 or 0.00000512 BTC.
• Adshares (ADS) traded 0.4% lower against the dollar and now trades at $0.22 or 0.00000313 BTC.
• BitShares (BTS) traded down 1.5% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Terra Coin Profile

Terra (CRYPTO: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. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. Terra’s official message board is medium.com/terra-money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible 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.”

Buying and Selling Terra

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView