Terra Price Down 18.7% Over Last 7 Days (LUNA)

Terra (LUNA) traded 2.8% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on March 10th. One Terra coin can currently be bought for about $0.19 or 0.00000228 BTC on cryptocurrency exchanges. During the last seven days, Terra has traded 18.7% lower against the U.S. dollar. Terra has a market capitalization of $133.84 million and $27.60 million worth of Terra was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• TRON (TRX) traded 2% lower against the dollar and now trades at $0.24 or 0.00000285 BTC.
• Tezos (XTZ) traded 0.9% lower against the dollar and now trades at $0.71 or 0.00000861 BTC.
• Terra Classic (LUNC) traded 0.2% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 4.1% against the dollar and now trades at $0.23 or 0.00000275 BTC.
• GXChain (GXC) traded up 19.8% against the dollar and now trades at $0.32 or 0.00000385 BTC.
• Adshares (ADS) traded down 1.6% against the dollar and now trades at $0.53 or 0.00000645 BTC.
• BitShares (BTS) traded down 5.3% against the dollar and now trades at $0.0010 or 0.00000001 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 709,984,438 coins. Terra’s official Twitter account is @terra_money and its Facebook page is accessible here. 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. The official website for Terra is 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.”

Buying and Selling Terra

It is usually not possible to buy alternative cryptocurrencies such as Terra directly using U.S. dollars. Investors seeking to acquire 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 aforementioned exchanges.

LUNA/USD price chart by TradingView