Terra Price Down 3.4% This Week (LUNA)

Terra (LUNA) traded 3.1% higher against the dollar during the one day period ending at 15:00 PM E.T. on August 18th. One Terra coin can currently be bought for approximately $0.32 or 0.00000542 BTC on exchanges. Terra has a total market cap of $266.62 million and approximately $17.04 million worth of Terra was traded on exchanges in the last day. During the last week, Terra has traded 3.4% lower against the dollar.

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

• TRON (TRX) traded 0.2% lower against the dollar and now trades at $0.13 or 0.00000226 BTC.
• Tezos (XTZ) traded up 1.6% against the dollar and now trades at $0.66 or 0.00001104 BTC.
• Terra Classic (LUNC) traded 2.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.9% against the dollar and now trades at $0.39 or 0.00000648 BTC.
• Adshares (ADS) traded up 0.4% against the dollar and now trades at $0.22 or 0.00000371 BTC.
• BitShares (BTS) traded 0.7% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Terra Profile

Terra (CRYPTO:LUNA) uses the hashing algorithm. Its genesis date was May 27th, 2022. Terra’s total supply is 1,186,707,049 coins and its circulating supply is 825,753,193 coins. Terra’s official website is terra.money. The official message board for Terra 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 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 presently possible to buy alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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