Today's Terra Price Summary
Terra's price today is $0.41 USD, with a 24-hour trading volume of $43,583,177 USD. LUNA is up 6.69% in the last 24 hours. Terra is currently ranked #179 with a market capitalization of $158,905,432 USD.
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Price
$0.41 (7%)
All Time High
$18.87 (-98%)
Market Cap
$158,905,432
Volume (24h)
43,583,177
Circulating Supply
383,272,859 LUNA
Terra's price today is $0.41 USD, with a 24-hour trading volume of $43,583,177 USD. LUNA is up 6.69% in the last 24 hours. Terra is currently ranked #179 with a market capitalization of $158,905,432 USD.
The Terra project is built to be a stablecoin that can be used commercially and develop functional 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. Unfortunately, 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.
Do you want to learn more about Kava? Then check out our in-depth article on Terrain LUNA, which will explain everything there is to know.
On May 28th, 2022 09:18:14 AM, Terra hit a historic high of $18.87 USD. It has been about 1 year ago since Terra reached its peak.
On September 21st, 2023 11:01:04 AM, Terra reached a bottoming price of $0.3775740000 USD. About 3 days ago has passed Terra has seen such a low price.
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