You can buy Terra via Gate.io by following the steps on how to buy LUNA once you have funded your account.

Terra

Q: What is the highest price of Terra price in history?

Terra achieved the all-time high of $18.87 in 2022-05-28, and is currently trading at $1.02.

Q: What is the lowest price of Terra price in history?

In 2023-09-21, Terra reached the all-time low of $0.3776.

Q: What is the current market cap of Terra?

The current market cap of Terra is 608.93M, as 598.53M LUNA is trading at the price of $1.02.

Q: How many Terras are there in the market?

There are currently 598.53M LUNA circulating in the market. These Terras can be actively traded or used in the open market.

Q: What is the maximum supply of Terra?

In total, there will be -- LUNA. This includes the circulating supply, as well as those supply being locked or staked, and those yet to be mined, minted, created.

Q: What is the fully diluted market cap (or FDV) of Terra?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Terra is 1.1B. The FDV is calculated taking the assumption that all supply of Terra is circulation, multiplied by its current price of $1.02.

Q: What is the price prediction of Terra in the near future?

With an algorithm automated identifying historical data trends, this Terra price prediction estimates and adjusts the forecast from time to time based on current market conditions. With such advanced machine learning, this prediction can be used to help investors in gauging the probability of the crypto market before making any investment decisions.

Q: Is Terra a good investment?

Terra has a good potential ROI as the volatility itself opportunities for multitude profits. Such volatility is a double-edged sword, and as such would be suitable for investors with high risk tolerance and healthy financial position. Therefore, it is important to remember that Terra and the crypto market as a whole is always subject to extreme market conditions, legal policies, social media stories, and other unpredictable factors. As such, it is advisable to exercise risk management and do your own research (DYOR) before investing in Terra.

LUNA

Rank #103

USD

$ 1.02

-3.22%

24H Low$0.9933

24H High$1.06

24H Volume

105.97M

All-Time High(ATH)

$18.87

All-Time Low(ATL)

$0.3776

Market Cap

608.93M

Fully Diluted Valuation

1.1B

Market Cap/FDV

0.5550

Circulating Supply

598.53M LUNA

Total Supply

1.08B LUNA

Max Supply

∞

Market Sentiment

* Data from 3rd parties

Overview
News
Historical Data

Terra (LUNA) Price Trends

Time period	Change amount	% Change
1H	$ -0.006018	-0.59%
24H	$ -0.03273	-3.22%
7D	$ 0.3731	36.69%
14D	$ 0.5984	58.84%
30D	$ 1.16	113.92%
1Y	$ -0.3832	-37.68%

Live Terra (LUNA) Price Update

Terra price today is $1.02 with a 24-hour trading volume of 105.97M, and as such Terra has a market cap of 608.93M, giving it a market dominance of 0.04%. The Terra price moved -3.22% in the last 24 hours.

Terra reached its highest price on 2022-05-28 when it was trading at its all-time high of $18.87, while its lowest price was recorded on 2023-09-21 when it was trading at its all-time low of $0.3776. The current lowest price since the last cycle high was $0.3776, and the highest price since the last cycle low was $18.87. The social sentiment of Terra is currently Positive.

The current circulating supply of Terra is 598.53M LUNA. In terms of market cap, Terra is currently ranked 103.

About Terra (LUNA)

Terra is an algorithm stable currency platform, which runs on the proof of stack (POS) built by tendermint, which is the bottom layer of the equity proof blockchain. Luna is Terra's platform token, which is used for the issuance of terrasdrs, price stabilization mechanism and network governance. Users can use Luna tokens to exchange for terrasdrs stable coins and vice versa. The price stability of such a stable currency is guaranteed. Luna is the mining coin of Terra dpos blockchain, and Terra is supported by Luna. Therefore, miners provide stability and safety. In the exchange, the agreement provides stable mining incentives under all economic conditions by virtue of transaction fees and Seigniorage. Terra is designing a price stable digital currency, which will provide a driving force for the next generation blockchain payment network. Terra has established a global e-commerce alliance with sustained growth of users, bringing the low-cost advantages of blockchain transactions to merchants and consumers. Terra's goal is to connect digital currency with practical applications, grow into an open platform for innovative financial decentralization application (DAPP), and achieve the real growth of blockchain economy. Terra was founded by a group of business, finance and blockchain technology experts with offices in Singapore and South Korea. The price stabilization mechanism of Terra system depends on the Arbitrage Behavior of users. For example, when terrakrw, a stable currency against the standard Korean won, drops to 0.95:1.00, users can use the encrypted currency of 95 Korean won to obtain 100terrakrw on the trading platform, and then exchange it to the terra platform to obtain a Luna token worth 100 Korean won. If the price of terrakrw exceeds 1 won, users can exchange Luna tokens for terrakrw, and then sell it on the trading platform to make a profit. Terra platform hopes to give predictable rewards to network maintainers no matter whether the network economy is good or bad. Terra uses transfer fees and Luna token destruction to hedge against changes in unit rewards.

FAQs

1. What determines the price movement of Terra?

There are two schools of thought in determining the price of Terra.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Terra, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Terra from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Terra on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Terra as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Terra and the cryptocurrency market as a whole.