Terra (LUNA) Price Hits $0.64 on Top Exchanges

Terra (LUNA) traded up 1.2% against the dollar during the twenty-four hour period ending at 21:00 PM Eastern on February 5th. One Terra coin can currently be purchased for about $0.64 or 0.00001486 BTC on exchanges. In the last week, Terra has traded down 2.2% against the dollar. Terra has a market cap of $413.75 million and approximately $37.16 million worth of Terra was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • TRON (TRX) traded up 0.4% against the dollar and now trades at $0.12 or 0.00000279 BTC.
  • Tezos (XTZ) traded 0.9% higher against the dollar and now trades at $0.97 or 0.00002264 BTC.
  • Terra Classic (LUNC) traded up 3.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • aelf (ELF) traded 0.2% higher against the dollar and now trades at $0.57 or 0.00001325 BTC.
  • GXChain (GXC) traded down 3% against the dollar and now trades at $0.27 or 0.00000631 BTC.
  • Adshares (ADS) traded 0.7% higher against the dollar and now trades at $0.35 or 0.00000812 BTC.
  • BitShares (BTS) traded down 1.1% against the dollar and now trades at $0.0036 or 0.00000008 BTC.

Terra Profile

Terra (LUNA) uses the hashing algorithm. Its launch date was May 27th, 2022. Terra’s total supply is 1,004,262,701 coins and its circulating supply is 651,255,232 coins. Terra’s official website is terra.money. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. Terra’s official message board 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.

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 trade Terra should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Terra using one of the exchanges listed above.

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