Today's Terra Price Summary
Terra's price today is $1.28 USD, with a 24-hour trading volume of $29,375,236 USD. LUNA is down -2.04% in the last 24 hours. Terra is currently ranked #133 with a market capitalization of $311,811,146 USD.
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Ranked # 133
Price
$1.28 (-2%)
All Time High
$18.87 (-93%)
Market Cap
$311,811,146
Volume (24h)
29,375,236
Circulating Supply
243,402,340 LUNA
About Terra
The Terra project is built to be a stablecoin that can be used commercially and develop useful ecosystems amid the explosion of blockchain and DeFi projects. It isn't limited to a single currency and can operate with many fiat currencies.
Terra functions as decentralized stablecoins that can contract and expand the supply chain to maintain a stable unit price. With a superior capacity over fiat currencies, Terra operates under decentralized protection, eliminating the risk of errors and price attacks.
As a blockchain project for e-commerce, Terra's initial objective was to solve the use case for a cryptocurrency. The lack of real-world use cases is one of the roadblocks to driving blockchain applications to mass adoption by mainstream users.
Terra can also create many stablecoins that form the international payment network. Like many other tokens, LUNA can also be used as a means of payment with anyone who will accept it as a store of value.
What is Terra All-Time High price (ATH)?
On May 28th, 2022 09:18:14 AM, Terra hit a historic high of $18.87 USD. It has been about 10 months ago since Terra reached its peak.
What is Terra All-Time Low price (ATL)?
On December 16th, 2022 10:44:52 PM, Terra reached a bottoming price of $1.19 USD. About 3 months ago has passed Terra has seen such a low price.
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