Terra PriceLUNA
Rank #277
About Terra (LUNA)
Contract
ibc/785af...71f364ef9
Explorers
finder.terra.money
Website
terra.money
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
Terra (LUNA) Price Trends
24H High$0.6371
24H Low$0.5594
24H Volume$33.20M
Market Cap
$430.40MAll-Time High(ATH)$18.87
Circulating Supply
687.66M LUNAAll-Time Low(ATL)$0.2525
Total Supply
1.07B LUNAMarket Cap/FDV
63.76%Max Supply
∞Fully Diluted Valuation
$675.04MMarket SentimentPositive
Live Terra (LUNA) Price Update
Terra price today is $0.6259 with a 24-hour trading volume of $33.20M, and as such Terra has a market cap of $430.40M, giving it a market dominance of 0.015%. The Terra price moved +8.28% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | +$0.0005003 | +0.08% |
24H | +$0.04786 | +8.28% |
7D | +$0.1606 | +34.54% |
30D | +$0.3174 | +102.95% |
1Y | -$0.2717 | -30.27% |
Credibility Indicators
59.76
Reliability Score
Rank #4277
PercentileTOP 30%
LUNA to USD | $0.65 USD |
LUNA to EUR | €0.58 EUR |
LUNA to INR | ₹54.19 INR |
LUNA to IDR | Rp9839.09 IDR |
LUNA to CAD | $0.88 CAD |
LUNA to GBP | £0.49 GBP |
LUNA to THB | ฿21.39 THB |
LUNA to RUB | ₽59.94 RUB |
LUNA to BRL | R$3.53 BRL |
LUNA to AED | د.إ2.38 AED |
LUNA to TRY | ₺22.14 TRY |
LUNA to CNY | ¥4.57 CNY |
LUNA to JPY | ¥93.40 JPY |
LUNA to HKD | $5.05 HKD |
Team Members
Do KwonCo-Founder
Daniel ShinCo-Founder
Chris AmaniCEO
Eduardo AlvesChief Architect
Investors
Coinbase Ventures
Polychain Capital
Pantera Capital
HashKey Capital
Binance Labs
Galaxy
Delphi Digital
Shima Capital