About Terra
Market Stats
Market Cap
$136,090,971.64
FDV
No data
Circulating Supply
709,984,438.917 LUNA
Max Supply
No data
Total Supply
1,186,707,049 LUNA
Hold Time
No data
Performance
Popularity
No data
Dominance
0.01%
Volume (24H)
$22,313,821.00
-0.39%
All time high
$7.06
Additional info about Terra
Networks and details
The price of Terra has decreased by 0.31% in the last hour and increased by 0.95% in the past 24 hours. Terra’s price has also fallen by 10.58% in the past week. The current price is $0.19 per LUNA with a 24-hour trading volume of $22.31M. Currently, Terra is valued at 97.28% below its all time high of $7.06. This all-time high was the highest price paid for Terra since its launch.
The current circulating supply of Terra is 709,984,438.917 LUNA which means that Terra has as total market cap of $136,090,971.64.
Price history
Today | $0.19 | ↗ 0.95% |
1 Day | $0.19 | ↗ 0.95% |
1 Week | $0.21 | ↘ 10.58% |
1 Month | $0.26 | ↘ 27.40% |
1 Year | $1.05 | ↘ 81.67% |
Market details
Performance against other markets | ↘ 81.96% |
Performance against BTC | ↘ 83.33% |
Performance against ETH | ↘ 60.75% |
Performance in the past year | ↘ 81.67% |
FAQ
Terra Classic (LUNC) is the original iteration of the Terra blockchain protocol, designed to support stable, global payment systems through the use of fiat-pegged stablecoins. The protocol aims to combine the price stability of fiat currencies with the censorship resistance of blockchain technology, offering swift and affordable transactions. In May 2022, after a significant collapse of its algorithmic stablecoin, the original Terra blockchain was rebranded as Terra Classic, while a new chain, Terra (LUNA), was launched. Terra Classic continues to support stablecoins pegged to various currencies, including the U.S. dollar, South Korean won, and Mongolian tugrik.
Terra Classic operates on a proof-of-stake consensus mechanism powered by the Tendermint protocol, where LUNA Classic (LUNC) holders stake tokens to validate transactions. The network originally maintained its algorithmic stablecoin, UST, by adjusting its supply through a mint-and-burn mechanism. When UST’s price deviated from its peg, the protocol incentivized users to swap between LUNC and UST, expanding or contracting the stablecoin supply as needed. This mechanism sought to stabilize UST’s price, though its failure in 2022 led to the rebranding of the chain. LUNC tokens now primarily support staking and transaction validation on the Terra Classic network.
Terra Classic aims to offer a platform for stable, global payment systems by utilizing fiat-pegged stablecoins for fast, borderless transactions. The protocol was designed to merge the benefits of cryptocurrencies—such as decentralization and low fees—with the price stability of traditional fiat currencies. Terra Classic has established partnerships, particularly in the Asia-Pacific region, to facilitate e-commerce payments via its blockchain network. Merchants using the network incur transaction fees, which are distributed to LUNC stakers as compensation for validating transactions and maintaining network security.
Terra was founded in January 2018 by Daniel Shin and Do Kwon, with the mainnet launching in April 2019. The project initially gained traction by offering algorithmic stablecoins, including UST, which aimed to maintain a peg to the U.S. dollar. In May 2022, following the collapse of UST and a sharp decline in LUNA’s value, the original Terra blockchain was rebranded as Terra Classic, and a new chain, Terra (LUNA), was introduced. This rebranding was part of a recovery plan similar to Ethereum’s response to the DAO hack in 2017. As of August 2022, Terra Classic has a total supply of 6.9 trillion LUNC, with 6.5 trillion 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 $136.09M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Terra is $7.06. 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 $22.31M.
Assets that have a similar market cap to Terra include Constellation, Orbler, STASIS EURO, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Terra is 710 million.
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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.
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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