Terra Reaches Self Reported Market Cap of $333.96 Million (LUNA)

Terra (LUNA) traded 3.2% higher against the US dollar during the 1-day period ending at 14:00 PM Eastern on June 25th. Over the last week, Terra has traded down 0.9% against the US dollar. One Terra coin can currently be purchased for about $0.43 or 0.00000693 BTC on major exchanges. Terra has a market capitalization of $333.96 million and $32.10 million worth of Terra was traded on exchanges in the last day.

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

  • TRON (TRX) traded up 1.9% against the dollar and now trades at $0.12 or 0.00000196 BTC.
  • Tezos (XTZ) traded 5.2% higher against the dollar and now trades at $0.80 or 0.00001289 BTC.
  • Terra Classic (LUNC) traded up 0.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded up 3.4% against the dollar and now trades at $0.37 or 0.00000592 BTC.
  • GXChain (GXC) traded 5.1% lower against the dollar and now trades at $0.36 or 0.00000583 BTC.
  • Adshares (ADS) traded up 0% against the dollar and now trades at $0.41 or 0.00000663 BTC.
  • BitShares (BTS) traded 1% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.

About Terra

Terra (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 777,131,495 coins. The Reddit community for Terra is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official website for Terra is terra.money. The official message board for Terra is medium.com/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 presently possible to purchase alternative cryptocurrencies such as Terra directly using US dollars. Investors seeking to acquire Terra should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the exchanges listed above.

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