Terra Price Reaches $0.44 on Top Exchanges (LUNA)

Terra (LUNA) traded down 0.4% against the dollar during the 1 day period ending at 10:00 AM E.T. on December 28th. One Terra coin can currently be purchased for $0.44 or 0.00000466 BTC on major cryptocurrency exchanges. During the last seven days, Terra has traded up 4.2% against the dollar. Terra has a total market capitalization of $313.18 million and $41.33 million worth of Terra was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded down 1% against the dollar and now trades at $0.26 or 0.00000272 BTC.
• Tezos (XTZ) traded 3.5% higher against the dollar and now trades at $1.37 or 0.00001447 BTC.
• Terra Classic (LUNC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 4% higher against the dollar and now trades at $0.45 or 0.00000481 BTC.
• GXChain (GXC) traded 3.8% higher against the dollar and now trades at $0.43 or 0.00000459 BTC.
• Adshares (ADS) traded 1.5% higher against the dollar and now trades at $0.74 or 0.00000787 BTC.
• BitShares (BTS) traded 6.7% lower against the dollar and now trades at $0.0014 or 0.00000001 BTC.

Terra Coin Profile

Terra 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 website 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 Twitter account is @terra_money and its Facebook page is accessible here. The official message board for Terra 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 currently 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra using one of the aforementioned exchanges.

LUNA/USD price chart by TradingView