Terra Price Data
Terra (LUNA)
currently has a price of
₹4.45
and is
up
5.066%
over the last 24 hours. The cryptocurrency is ranked
626
with a market cap of
₹3.2B.
Over the last 24 hours, it saw
₹233.5M
of trading volume. The token has a circulating supply of
710M
tokens out of a total supply of
1.2B
tokens.
Terra (LUNA) is a blockchain protocol that facilitates stable global payments through fiat-pegged stablecoins. These stablecoins are tied to major global currencies and the network primarily targets e-commerce integration to boost adoption through collaborations with online platforms. However, the stablecoins relied on algorithms to maintain their peg, a move that spectacularly backfired, causing a major collapse.