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How much is Terra (Luna) worth?

Please refer to Affiliate Disclosure. The live Terra price today is $0.950064 USD with a 24-hour trading volume of $22,739,066 USD. We update our LUNA to USD price in real-time. Terra is up 0.00% in the last 24 hours. The current CoinMarketCap ranking is #122, with a live market cap of $260,256,366 USD.

What is Luna (Lunc)?

LUNA is the rebranded version of the “balancer” token that propped up a failed algorithmic stablecoin called UST and was housed on a blockchain protocol called Terra. The old version of LUNA, now known as Luna Classic ( LUNC ), helped maintain the price of UST, a stablecoin pegged to the price of the U.S. dollar.

What is Luna classic?

Luna classic was created to be the native token of the original Terra blockchain. It acted as the twin token that was designed to absorb any price deviation of the blockchain’s algorithmic stablecoin, TerraUSD (UST).

How will Terra (Luna) be distributed?

Terra (LUNA) has a supply of 1 billion tokens. It will be distributed as follows: Essential app developers earn a share of the mining program proceeds pro-rata to the amount of TVL every quarter for 4 years.

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