Convert and Swap Terra LUNA to Indian Rupee INR
LUNA/INR: 1 Terra equals ₹34.62 INR
Terra (LUNA) is not tradable on Coinbase.
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Last update: 6:25 AM, December 23, 2024
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Terra is falling this week.
The current price of Terra is ₹34.62 per LUNA. With a circulating supply of 709,984,438.917 LUNA, it means that Terra has a total market cap of ₹24,571,446,287.96. The amount of Terra traded has fallen by ₹681,507,774.65 in the last 24 hours, which is a 19.63% decrease. Additionally, in the last day, ₹3,471,420,422.90 worth of LUNA has been traded.
About Terra
Terra (LUNA) is a public blockchain protocol that aims to combine the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin. It was developed as a response to the crash of its predecessor, Terra Classic, and its associated stablecoin, TerraClassicUSD (UST). The new Terra blockchain continues the legacy of Terra Classic, but without the UST stablecoin. Instead, it focuses on building a robust ecosystem with the help of its community, known as "LUNAtics". The LUNA token is used within this ecosystem, and many decentralized applications (DApps) have agreed to migrate to Terra to continue their functionality.
Terra operates using a proof-of-stake consensus algorithm based on Tendermint, where LUNA token holders stake their tokens as collateral to validate transactions. The network incentivizes security by providing staking rewards of 7% annual inflation. This aligns the interest of validators with the long-term success of the Terra ecosystem. Terra aims to preserve its ecosystem with hundreds of developers working on different decentralized applications. The LUNA token is distributed across Luna Classic stakers, holders, residual UST holders, and essential Terra Classic app developers, making Terra a fully community-owned chain.
Terra aims to provide a platform for the development and use of decentralized applications (DApps). It seeks to evolve the world-class user experience and user interface that brought Terra Classic to second place in total value locked (TVL) at its peak. The Terra blockchain is designed to host a vibrant ecosystem of DApps, offering a suite of cutting-edge developer tools. This makes it a suitable platform for developers looking to build next-generation Web3 products and services. Furthermore, the LUNA token can be used within this ecosystem for various purposes, including paying transaction fees and participating in governance votes.
Terra was founded in January 2018 by Daniel Shin and Do Kwon, with the aim of driving the rapid adoption of blockchain technology and cryptocurrency through a focus on price stability and usability. The development of Terra Classic launched in January 2018 and the blockchain launched in April 2019. However, a bank run in May 2022 led to the crash of Terra Classic and its associated stablecoin, TerraClassicUSD (UST). This event led to the launch of a new chain, resulting in the current Terra blockchain. Despite criticism from various quarters, the revival plan proposed by Do Kwon was voted into effect by the community, leading to the hard fork of Terra Classic and the birth of the new Terra blockchain on May 27, 2022.
How Terra and Indian Rupee differ
Terra (LUNA) and the Indian Rupee (INR) are both mediums of exchange, but they operate in fundamentally different ways. Terra is a public blockchain protocol that aims to combine the stability and adoption of traditional currencies with the censorship-resistance of Bitcoin. It operates on a proof-of-stake consensus algorithm, where LUNA token holders stake their tokens to validate transactions. Terra's ecosystem is designed to host a vibrant array of decentralized applications (DApps), offering a suite of developer tools for building next-generation Web3 products and services. On the other hand, the Indian Rupee is a traditional fiat currency issued and regulated by the Reserve Bank of India. It operates within a centralized system where the government controls the supply and value. Unlike Terra, the Indian Rupee doesn't offer a platform for DApps and doesn't involve staking or validating transactions. While Terra aims to evolve the user experience and interface that brought its predecessor, Terra Classic, to its peak, the Indian Rupee's value and usage are influenced by economic factors such as inflation, interest rates, and public debt.
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LUNA to Indian Rupee conversion tables
The exchange rate of Terra is increasing.
The current value of 1 LUNA is ₹34.62 INR. In other words, to buy 5 Terra, it would cost you ₹173.11 INR. Inversely, ₹1.00 INR would allow you to trade for 0.0289 LUNA while ₹50.00 INR would convert to 1.4442 LUNA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.35%. Meanwhile, in the last 24 hours, the rate has changed by 1.19%, and that the the highest exchange rate of 1 LUNA to Indian Rupee was ₹35.73 INR and the lowest 24 hour value was 1 LUNA for ₹33.42 INR. This time last month, the value of 1 LUNA was ₹40.99 INR, which is a 15.24% increase from where it is now. Looking back a year, Terra has changed by ₹81.42 INR. That means that in a single year, the value of Terra has shrank by 58.81%.
LUNA to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹34.37 INR | 1.19% | ₹46.76 INR | -25.35% | ₹40.99 INR | -15.24% | ₹81.42 INR | -58.81% |
LUNA to INR
Amount | Today at 6:25 am |
|---|---|
0.5 LUNA | ₹17.31 |
1 LUNA | ₹34.62 |
5 LUNA | ₹173.11 |
10 LUNA | ₹346.22 |
50 LUNA | ₹1,731.10 |
100 LUNA | ₹3,462.20 |
500 LUNA | ₹17,311.00 |
1,000 LUNA | ₹34,622.00 |
INR to LUNA
Amount | Today at 6:25 am |
|---|---|
0.5 INR | 0.0144 LUNA |
1 INR | 0.0289 LUNA |
5 INR | 0.14 LUNA |
10 INR | 0.29 LUNA |
50 INR | 1.44 LUNA |
100 INR | 2.89 LUNA |
500 INR | 14.44 LUNA |
1,000 INR | 28.88 LUNA |
Today vs. 24 hours ago
Amount | Today at 6:25 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 LUNA | ₹17.31 | ₹17.21 | +0.57% |
1 LUNA | ₹34.62 | ₹34.43 | +0.57% |
5 LUNA | ₹173.11 | ₹172.13 | +0.57% |
10 LUNA | ₹346.22 | ₹344.26 | +0.57% |
50 LUNA | ₹1,731.10 | ₹1,721.31 | +0.57% |
100 LUNA | ₹3,462.20 | ₹3,442.61 | +0.57% |
500 LUNA | ₹17,311.00 | ₹17,213.07 | +0.57% |
1,000 LUNA | ₹34,622.00 | ₹34,426.15 | +0.57% |
Today vs. 1 month ago
Amount | Today at 6:25 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 LUNA | ₹17.31 | ₹20.66 | -16.20% |
1 LUNA | ₹34.62 | ₹41.32 | -16.20% |
5 LUNA | ₹173.11 | ₹206.58 | -16.20% |
10 LUNA | ₹346.22 | ₹413.15 | -16.20% |
50 LUNA | ₹1,731.10 | ₹2,065.76 | -16.20% |
100 LUNA | ₹3,462.20 | ₹4,131.52 | -16.20% |
500 LUNA | ₹17,311.00 | ₹20,657.58 | -16.20% |
1,000 LUNA | ₹34,622.00 | ₹41,315.16 | -16.20% |
Today vs. 1 year ago
Amount | Today at 6:25 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 LUNA | ₹17.31 | ₹41.60 | -58.39% |
1 LUNA | ₹34.62 | ₹83.20 | -58.39% |
5 LUNA | ₹173.11 | ₹415.99 | -58.39% |
10 LUNA | ₹346.22 | ₹831.98 | -58.39% |
50 LUNA | ₹1,731.10 | ₹4,159.91 | -58.39% |
100 LUNA | ₹3,462.20 | ₹8,319.82 | -58.39% |
500 LUNA | ₹17,311.00 | ₹41,599.11 | -58.39% |
1,000 LUNA | ₹34,622.00 | ₹83,198.21 | -58.39% |
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