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Terra (LUNA) price, chart, coin profile and news

Find the latest Terra (LUNA) price, coin profile, news and history to get you started with Terra trading and investing.

Terra (LUNA) is the 37th largest cryptocurrency in the world by market cap, valued at $2,448,989,844. The current price of Terra is $2.311, which is 8.294% higher than yesterday. Prices have ranged between $2.18 and $2.06 over the past 24 hours. All prices are listed in US dollars and accurate as of February 03, 2023 04:02 UTC.

Terra price chart

Price over the past month

What is Terra?

Terra (LUNA) is the native asset of the new Terra (LUNA) blockchain. LUNA, or LUNA 2.0, came into existence on 28 May 2022, when a new, hard-forked version of the Terra (LUNA) chain was launched.

The new LUNA tokens were airdropped to both former and current holders of old LUNA, whose ticker symbol is now LUNC, as well as former and current holders of TerraUSD (UST). The primary purpose of the old LUNA token was to be burned, or permanently destroyed, as a means to mint UST, which was an algorithmic stablecoin pegged to the US dollar. UST depegged in mid-May 2022, though, and is now virtually worthless. Because the Terra community hasn’t revealed any plans to revive UST, the primary purpose of this new LUNA token has yet to be established. Therefore, buying or holding LUNA 2.0 remains purely speculative until some new direction for the asset is unveiled. Like the original Terra (LUNA), Terra (LUNA) 2.0 is a DPoS (Delegated Proof of Stake) blockchain, which means you can stake your new LUNA just like you could with the old version of the asset.

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Terra recent updates

May
31
LUNA 2.0 started trading on Saturday at US$17.80 only to plunge to as low as US$3.99 that same day. While it has since rebounded, the new token LUNA 2.0 traded US$9.13 at 2:35 p.m. in New York Tuesday, down by almost half since it started trading over the weekend. Read the full story.
May
27
Terra backers confirmed plans to launch the new LUNA blockchain and token Saturday, May 28, with tokens going out by airdrop to the owners of the collapsed LUNA and UST coins. Full story
May
26
Terra backers said the community voted to launch a new version of the Terra (LUNA) coin, and the plan will move ahead with existing tokens renamed Terra Classic (LUNC).

Terra at a glance

Basic stats for Terra

#37
$2 B
1 B
209 M

Terra performance over time

Terra fundamental and technical analysis

Time frame
Movement
1 day
8.29%
1 week
3.84%
1 month
58.18%
2 months
25.79%
200 days
17.40%
1 year
0.00%
Show all

Social activity for Terra

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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