What is Terra Luna? difference between Terra and Luna? How do I buy Terra Luna? Price Prediction and Founder wallet. Full Explain Are Available On our website Read Full Informations
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| What is Terra Luna? difference between Terra and Luna? Full Explain of Ludo Coin. |
What Is Terra (LUNA)?
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Development on Terra began in January 2018, and its mainnet officially launched in April 2019. As of September 2021, it offers stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik and the International Monetary Fund's Special Drawing Rights basket of currencies — and it intends to roll out additional options.
Terra's native token, LUNA, is used to stabilize the price of the protocol's stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.
Who Are the Founders of Terra?
Terra was founded in January 2018 by Daniel Shin and Do Kwon. The two conceived of the project as a way to drive the rapid adoption of blockchain technology and cryptocurrency through a focus on price stability and usability. Kwon took on the position of CEO of Terraform Labs, the company behind Terra.
Prior to developing Terra, Shin co-founded and headed Ticket Monster, otherwise known as TMON — a major South Korean e-commerce platform. He later co-founded Fast Track Asia, a startup incubator working with entrepreneurs to build fully functional companies.
Kwon previously founded and served as CEO of Anyfi, a startup providing decentralized wireless mesh networking solutions. He has also worked as a software engineer for Microsoft and Apple.
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| What is Terra Luna? difference between Terra and Luna? Full Explain of Ludo Coin. |
Where Can You Buy Terra (LUNA)?
Terra's native token, LUNA, is listed on several cryptocurrency exchanges — including Huobi, Bitfinex and Upbit — where it is available to be traded against fiat currencies, stablecoins and other cryptocurrencies.
Are you interested in buying LUNA or other cryptocurrencies such as Bitcoin? CoinMarketCap has an educational section — Alexandria — to teach you all about crypto and how to buy your first coins.
To check LUNA price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Terra currency page. Alternatively, use the dedicated exchange rate converter page. Popular LUNA price pairs include: LUNA/USD, LUNA/GBP, LUNA/AUD and LUNA/JPY.
LUNA Price Live Data
The live Terra price today is $116.85 USD with a 24-hour trading volume of $3,009,265,001 USD. We update our LUNA to USD price in real-time. Terra is up 5.98% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $41,163,409,568 USD. It has a circulating supply of 352,260,617 LUNA coins and the max. supply is not available.
If you would like to know where to buy Terra, the top cryptocurrency exchanges for trading in Terra stock are currently Binance, OKX, Bybit, FTX, and DigiFinex. You can find others listed on our crypto exchanges page.