Balancer Market Cap Hits $9.69 Million (BAL)

Balancer (BAL) traded up 5.8% against the dollar during the 1-day period ending at 8:00 AM Eastern on February 25th. One Balancer token can currently be bought for approximately $0.14 or 0.00000212 BTC on major exchanges. Balancer has a total market cap of $9.69 million and $1.76 million worth of Balancer was traded on exchanges in the last 24 hours. Over the last seven days, Balancer has traded 8.1% lower against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 4.9% against the dollar and now trades at $66,012.48 or 0.99745187 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% higher against the dollar and now trades at $64,920.62 or 0.99826276 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Balancer

Balancer launched on June 20th, 2020. Balancer’s total supply is 71,695,470 tokens and its circulating supply is 69,115,875 tokens. Balancer’s official website is balancer.fi. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. The official message board for Balancer is balancer.finance/blog-feed.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Balancer Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to trade Balancer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView