About Terra
Market Stats
Market Cap
$327,300,753.29
FDV
No data
Circulating Supply
5,447,245,391,175.108 LUNA
Max Supply
No data
Total Supply
6,501,389,488,896.274 LUNA
Hold Time
No data
Performance
Popularity
No data
Dominance
0.01%
Volume (24H)
$11,780,692.65
-0.26%
All time high
$119.18
Additional info about Terra
Networks and details
The price of Terra has decreased by 1.12% in the last hour and decreased by 1.69% in the past 24 hours. Terra’s price has also fallen by 7.41% in the past week. The current price is $0.000060 per LUNA with a 24-hour trading volume of $11.78M. Currently, Terra is valued at 100.00% below its all time high of $119.18. This all-time high was the highest price paid for Terra since its launch.
The current circulating supply of Terra is 5,447,245,391,175.108 LUNA which means that Terra has as total market cap of $327,300,753.29.
Price history
Today | $0.000060 | ↘ 1.69% |
1 Day | $0.000061 | ↘ 1.69% |
1 Week | $0.000065 | ↘ 7.41% |
1 Month | $0.000077 | ↘ 22.27% |
1 Year | $0.000184 | ↘ 67.21% |
Market details
Performance against other markets | ↘ 67.58% |
Performance against BTC | ↘ 70.07% |
Performance against ETH | ↘ 29.21% |
Performance in the past year | ↘ 67.21% |
FAQ
Terra Classic (LUNC) is a rebranded iteration of the original Terra blockchain protocol, which was developed to facilitate stable, global payment systems using fiat-pegged stablecoins. The Terra protocol merges the price stability of fiat currencies with the censorship-resistance of Bitcoin, with the intention to provide swift and affordable settlements. The genesis block of the new chain, Terra (LUNA), was launched in May 2022, and the original Terra chain was rebranded as Terra Classic. The original native token, LUNA, was also renamed as LUNA Classic (LUNC). Terra Classic continues to support stablecoins pegged to various currencies, including the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights basket of currencies.
Terra Classic operates using a proof-of-stake consensus algorithm based on Tendermint, where LUNA Classic (LUNC) token holders stake their tokens to validate transactions. The primary function of the LUNC token is to absorb the price deviation of the algorithmic stablecoin, UST. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. Terra Classic maintains its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand. It encourages LUNC holders to swap LUNC and stablecoins at varying exchange rates, as needed, to either expand or contract the stablecoin supply to match demand.
Terra Classic strives to provide a platform for stable, global payment systems. Its use of fiat-pegged stablecoins aims to merge the advantages of cryptocurrencies, such as borderless transactions, with the day-to-day price stability of fiat currencies. Terra Classic has established partnerships with various payment platforms, particularly in the Asia-Pacific region, to facilitate purchases made on e-commerce platforms via the Terra blockchain network. Each transaction is subject to a fee charged to the merchant, compensating LUNC stakers for their role in transaction validation.
Terra was conceived in January 2018 by Daniel Shin and Do Kwon, with development beginning the same year. The mainnet officially launched in April 2019. In May 2022, the genesis block of the new chain, Terra (LUNA), was launched, and the original Terra chain was rebranded as Terra Classic. The rebranding was part of a recovery plan following the collapse of UST in the spring of 2022, which was likened to the Ethereum/DAO hack of 2017. The existing chain and token were rebranded as Terra Classic, and new LUNA tokens were distributed to existing holders of LUNA and UST. As of August 2022, the total supply of Terra Classic (LUNC) is 6.9T, with 6.5T LUNC in circulation.
We update our Terra to USD currency in real-time. Get the live price of Terra on Coinbase.
The current market cap of Terra is $327.30M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Terra is $119.18. This all-time high is highest price paid for Terra since it was launched.
Over the last 24 hours, the trading volume of Terra is $11.78M.
Assets that have a similar market cap to Terra include Pendle, BinaryX, Amp, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Terra is 5.4 trillion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Terra news
Trending articles
Social stats
Popularity in posts
#65
Contributors
700
Posts
607,635
% About Terra
0.296%
Hold times
0 days
X (Twitter)
41.19% bullish
Sentiment
4.5 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
700 unique individuals are talking about Terra and it is ranked #65 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Terra has an average sentiment score of 4.5 out of 5. Finally, Terra is becoming more newsworthy, with 0 news articles published about Terra. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Terra. There were 41.19% of tweets with bullish sentiment compared to 2.52% of tweets with a bearish sentiment about Terra. 56.29% of tweets were neutral about Terra. These sentiments are based on 1749 tweets.
On Reddit, Terra was mentioned in 16 Reddit posts and there were 44 comments about Terra. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Terra calculator
1 Terra (LUNA) to Canadian Dollar (CAD)
CA$0.000087
1 Terra (LUNA) to Real (BRL)
R$0.000349
1 Terra (LUNA) to Euro (EUR)
€0.000055
1 Terra (LUNA) to Nigerian Naira (NGN)
NGN 0.0933
1 Terra (LUNA) to Singapore Dollar (SGD)
S$0.000080
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.