Terra (LUNA) Self Reported Market Capitalization Tops $308.12 Million

Terra (LUNA) traded 3% higher against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on January 17th. Terra has a total market capitalization of $308.12 million and $40.04 million worth of Terra was traded on exchanges in the last 24 hours. One Terra coin can now be purchased for approximately $0.43 or 0.00000414 BTC on major cryptocurrency exchanges. During the last seven days, Terra has traded 6.3% higher against the dollar.

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

• TRON (TRX) traded 3.7% higher against the dollar and now trades at $0.25 or 0.00000237 BTC.
• Tezos (XTZ) traded up 2.1% against the dollar and now trades at $1.42 or 0.00001350 BTC.
• Terra Classic (LUNC) traded 2.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.1% against the dollar and now trades at $0.46 or 0.00000437 BTC.
• GXChain (GXC) traded 3% lower against the dollar and now trades at $0.35 or 0.00000332 BTC.
• Adshares (ADS) traded down 1.3% against the dollar and now trades at $0.66 or 0.00000634 BTC.
• BitShares (BTS) traded 18.8% higher against the dollar and now trades at $0.0013 or 0.00000001 BTC.

Terra Profile

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 709,984,438 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for Terra 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 presently possible to buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the exchanges listed above.

LUNA/USD price chart by TradingView