Terra Price Reaches $0.44 on Top Exchanges (LUNA)

Terra (LUNA) traded 0.4% lower against the US dollar during the 1 day period ending at 10:00 AM Eastern on December 28th. One Terra coin can currently be bought for approximately $0.44 or 0.00000466 BTC on exchanges. Over the last seven days, Terra has traded up 4.2% against the US dollar. Terra has a market cap of $313.18 million and $41.33 million worth of Terra was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 1% against the dollar and now trades at $0.26 or 0.00000272 BTC.
• Tezos (XTZ) traded 3.5% higher against the dollar and now trades at $1.37 or 0.00001447 BTC.
• Terra Classic (LUNC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 4% against the dollar and now trades at $0.45 or 0.00000481 BTC.
• GXChain (GXC) traded 3.8% higher against the dollar and now trades at $0.43 or 0.00000459 BTC.
• Adshares (ADS) traded 1.5% higher against the dollar and now trades at $0.74 or 0.00000787 BTC.
• BitShares (BTS) traded 6.7% lower against the dollar and now trades at $0.0014 or 0.00000001 BTC.

About Terra

Terra (LUNA) uses the hashing algorithm. It was first traded 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 website is terra.money. 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 Twitter account is @terra_money and its Facebook page is accessible 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 trade Terra should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView