Terra Hits Self Reported Market Capitalization of $178.81 Million (LUNA)

Terra (LUNA) traded 6.2% lower against the US dollar during the twenty-four hour period ending at 7:00 AM ET on February 18th. Over the last seven days, Terra has traded 5.6% lower against the US dollar. Terra has a total market cap of $178.81 million and $24.88 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can currently be bought for $0.25 or 0.00000264 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• TRON (TRX) traded down 4.5% against the dollar and now trades at $0.24 or 0.00000247 BTC.
• Tezos (XTZ) traded 5.6% lower against the dollar and now trades at $0.86 or 0.00000897 BTC.
• Terra Classic (LUNC) traded 5.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 6.1% against the dollar and now trades at $0.28 or 0.00000298 BTC.
• Adshares (ADS) traded up 1.4% against the dollar and now trades at $0.57 or 0.00000594 BTC.
• GXChain (GXC) traded 1.5% higher against the dollar and now trades at $0.26 or 0.00000276 BTC.
• BitShares (BTS) traded up 0.4% against the dollar and now trades at $0.0011 or 0.00000001 BTC.

Terra Profile

LUNA uses the hashing algorithm. It launched 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 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 website is terra.money. 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.”

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 Coinbase, GDAX or Changelly. 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