Terra (LUNA) Price Tops $0.60 on Major Exchanges

Terra (LUNA) traded down 5.3% against the US dollar during the twenty-four hour period ending at 22:00 PM ET on April 26th. In the last week, Terra has traded 1.5% lower against the US dollar. One Terra coin can now be purchased for $0.60 or 0.00000954 BTC on exchanges. Terra has a total market capitalization of $430.51 million and $38.50 million worth of Terra was traded on exchanges in the last day.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 1.7% higher against the dollar and now trades at $0.12 or 0.00000191 BTC.
• Tezos (XTZ) traded 2.5% lower against the dollar and now trades at $0.98 or 0.00001567 BTC.
• Terra Classic (LUNC) traded down 4.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 7.3% higher against the dollar and now trades at $0.62 or 0.00000997 BTC.
• GXChain (GXC) traded 0.1% higher against the dollar and now trades at $0.40 or 0.00000635 BTC.
• Adshares (ADS) traded down 1.6% against the dollar and now trades at $0.42 or 0.00000669 BTC.
• BitShares (BTS) traded 1.5% lower against the dollar and now trades at $0.0033 or 0.00000005 BTC.

Terra Coin Profile

Terra (LUNA) uses the hashing algorithm. It was first traded on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 722,096,751 coins. 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. 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 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 Coinbase, Gemini 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