$0.5774
Time period | Change amount | % Change |
---|---|---|
1H | $-0.01000 | -1.29% |
24H | $+0.01000 | +1.22% |
7D | $-0.2400 | -29.34% |
30D | $-0.2100 | -27.12% |
1Y | $-0.7900 | -57.88% |
Terra price today is $0.5774 with a 24-hour trading volume of $26.85 M, and as such Terra has a market cap of $397.06 M, giving it a market dominance of 0.024%. The Terra price moved 1.22% 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 $687.66 M LUNA. In terms of market cap, Terra is currently ranked 216.
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.
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"A lot of things can go wrong," in Ethena's yield-generation strategy, said Folkvang CEO Mike van Rossum.
The federal regulator prevails in asserting that the stablecoin issuer and its founder misled investors.
An appellate court in Montenegro has stopped the extradition over “significant violations of the provisions of criminal procedure."
The jurisdictional tug-of-war between U.S. and South Korean prosecutors over Terra founder Do Kwon continues to drag on.
Local media in Montenegro reported that Terra founder Do Kwon is cleared for extradition to his native South Korea.
The rebooted LUNA and LUNA Classic (LUNC) both skyrocketed on Tuesday on news of Terra founder Do Kwon's latest legal developments.
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