Terra Price Down 2.3% Over Last Week (LUNA)

Terra (LUNA) traded 9.2% higher against the U.S. dollar during the one day period ending at 19:00 PM ET on November 6th. Terra has a total market capitalization of $242.43 million and $46.99 million worth of Terra was traded on exchanges in the last day. One Terra coin can now be purchased for $0.34 or 0.00000451 BTC on exchanges. During the last seven days, Terra has traded down 2.3% against the U.S. dollar.

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

• TRON (TRX) traded up 1.5% against the dollar and now trades at $0.16 or 0.00000215 BTC.
• Tezos (XTZ) traded up 6.1% against the dollar and now trades at $0.65 or 0.00000863 BTC.
• Terra Classic (LUNC) traded 7.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 6.4% higher against the dollar and now trades at $0.35 or 0.00000467 BTC.
• GXChain (GXC) traded 1.5% lower against the dollar and now trades at $0.34 or 0.00000447 BTC.
• Adshares (ADS) traded up 4% against the dollar and now trades at $0.24 or 0.00000312 BTC.
• BitShares (BTS) traded up 3.8% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

About Terra

Terra (CRYPTO:LUNA) uses the hashing algorithm. It was first traded 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 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 website is terra.money. 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 presently possible to purchase alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire Terra should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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