Terra (LUNA) Price Hits $0.53 on Major Exchanges

Terra (LUNA) traded 5.2% higher against the U.S. dollar during the twenty-four hour period ending at 10:00 AM Eastern on November 30th. One Terra coin can now be bought for about $0.53 or 0.00000547 BTC on popular exchanges. Terra has a market cap of $374.91 million and $98.33 million worth of Terra was traded on exchanges in the last day. During the last week, Terra has traded 3.7% higher against the U.S. dollar.

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

• TRON (TRX) traded 0% higher against the dollar and now trades at $0.21 or 0.00000213 BTC.
• Tezos (XTZ) traded 12.1% higher against the dollar and now trades at $1.47 or 0.00001527 BTC.
• Terra Classic (LUNC) traded 1.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.9% against the dollar and now trades at $0.59 or 0.00000608 BTC.
• GXChain (GXC) traded 1% higher against the dollar and now trades at $0.39 or 0.00000403 BTC.
• Adshares (ADS) traded 3.6% higher against the dollar and now trades at $0.68 or 0.00000708 BTC.
• BitShares (BTS) traded 4.5% higher against the dollar and now trades at $0.0022 or 0.00000002 BTC.

About Terra

Terra uses the hashing algorithm. Its launch date was 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 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. Terra’s official message board is medium.com/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 currently possible to purchase alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView