Luna Coin Trading 2.6% Higher Over Last 7 Days (LUNA)

Luna Coin (CURRENCY:LUNA) traded 2.2% higher against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on January 15th. Luna Coin has a market capitalization of $14,684.78 and $68.00 worth of Luna Coin was traded on exchanges in the last 24 hours. Over the last seven days, Luna Coin has traded 2.6% higher against the U.S. dollar. One Luna Coin coin can now be bought for about $0.0086 or 0.00000020 BTC on exchanges.

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

  • Terra (LUNA) traded 6.1% higher against the dollar and now trades at $82.16 or 0.00190953 BTC.
  • Tezos (XTZ) traded 4% higher against the dollar and now trades at $4.29 or 0.00009968 BTC.
  • Dimension Chain (EON) traded flat against the dollar and now trades at $0.35 or 0.00001074 BTC.
  • Adshares (ADS) traded 0.9% higher against the dollar and now trades at $2.40 or 0.00005568 BTC.
  • Umbrella Network (UMB) traded 2.2% higher against the dollar and now trades at $0.27 or 0.00000635 BTC.
  • Apex (CPX) traded flat against the dollar and now trades at $0.0057 or 0.00000012 BTC.
  • Golos Blockchain (GLS) traded down 3.9% against the dollar and now trades at $0.0024 or 0.00000006 BTC.
  • Glasscoin (GLS) traded 0.1% lower against the dollar and now trades at $1.84 or 0.00004282 BTC.
  • Elf Token (ELF) traded flat against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Decimal (DEL) traded down 1.3% against the dollar and now trades at $0.23 or 0.00000543 BTC.

Luna Coin Profile

Luna Coin (LUNA) uses the hashing algorithm. It was first traded on September 10th, 2018. Luna Coin’s total supply is 1,706,429 coins. Luna Coin’s official Twitter account is @terra_money. Luna Coin’s official website is bitluna.org. The official message board for Luna Coin is lunacoin.org/forum.

According to CryptoCompare, “Terra aims to build a new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. Terra’s mission is to set money free by building open financial infrastructure. Luna, as the native staking asset from which the family of Terra stablecoins derives their stability, utility, and value, acts both as collateral for the entire Terra economy and as a staking token that secures the PoS network. Luna can be held and traded like a normal crypto asset, but can also be staked to accrue rewards in the network generated from transaction fees. Luna can also be used to make and vote on governance proposals. The family of Terra stablecoins is designed to achieve stability through consistent mining rewards with a contracting and expanding money supply. For example, if the system has detected that the price of a Terra currency has deviated from its peg, it applies pressure to normalize the price. Currently, the family of Terra stablecoins includes: KRT (Terra stablecoin pegged to Korean Won), UST (Terra stablecoin pegged to US Dollar), MNT (Terra stablecoin pegged to Mongolian Togrog), SDR (Terra stablecoin pegged to IMF SDR), with more being added in the future. “

Buying and Selling Luna Coin

It is usually not possible to buy alternative cryptocurrencies such as Luna Coin directly using U.S. dollars. Investors seeking to acquire Luna Coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Luna Coin using one of the aforementioned exchanges.

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