Terra (LUNA) Self Reported Market Cap Hits $451.68 Million

Terra (LUNA) traded up 3.1% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on April 28th. Terra has a market cap of $451.68 million and $17.44 million worth of Terra was traded on exchanges in the last 24 hours. Over the last seven days, Terra has traded down 4.2% against the US dollar. One Terra coin can now be purchased for approximately $0.62 or 0.00000977 BTC on cryptocurrency exchanges.

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

• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• TRON (TRX) traded 0.1% higher against the dollar and now trades at $0.12 or 0.00000189 BTC.
• Tezos (XTZ) traded 2.6% higher against the dollar and now trades at $1.02 or 0.00001600 BTC.
• Terra Classic (LUNC) traded up 3.3% 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 $0.64 or 0.00001006 BTC.
• GXChain (GXC) traded flat against the dollar and now trades at $0.40 or 0.00000621 BTC.
• Adshares (ADS) traded 3% higher against the dollar and now trades at $0.43 or 0.00000667 BTC.
• BitShares (BTS) traded down 3.1% against the dollar and now trades at $0.0033 or 0.00000005 BTC.

Terra Coin Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. It launched on May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 724,693,562 coins. 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. Terra’s official message board is medium.com/terra-money. The official website for Terra 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.”

Terra Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly 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