Balancer Reaches Market Capitalization of $287.20 Million (BAL)

Balancer (BAL) traded up 0.8% against the U.S. dollar during the twenty-four hour period ending at 0:00 AM Eastern on March 28th. Balancer has a total market cap of $287.20 million and $8.86 million worth of Balancer was traded on exchanges in the last 24 hours. Over the last seven days, Balancer has traded 3.6% higher against the U.S. dollar. One Balancer token can currently be bought for $5.15 or 0.00007319 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 2.6% against the dollar and now trades at $0.45 or 0.00000636 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.8% against the dollar and now trades at $0.0093 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer’s launch date was June 20th, 2020. Balancer’s total supply is 62,435,006 tokens and its circulating supply is 55,754,557 tokens. The official website for Balancer is balancer.finance. The official message board for Balancer is balancer.finance/blog-feed. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here.

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.”

Buying and Selling Balancer

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

BAL/USD price chart by TradingView