Moonbeam Hits Market Capitalization of $256.67 Million (GLMR)

Moonbeam (GLMR) traded 0.3% lower against the US dollar during the one day period ending at 20:00 PM Eastern on April 29th. One Moonbeam coin can currently be purchased for about $0.30 or 0.00000468 BTC on cryptocurrency exchanges. In the last seven days, Moonbeam has traded 12.8% lower against the US dollar. Moonbeam has a market capitalization of $256.67 million and approximately $6.04 million worth of Moonbeam was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 4.2% higher against the dollar and now trades at $35.36 or 0.00055387 BTC.
• NEAR Protocol (NEAR) traded 2.5% lower against the dollar and now trades at $6.87 or 0.00010763 BTC.
• Internet Computer (ICP) traded down 0.8% against the dollar and now trades at $13.44 or 0.00021057 BTC.
• Hedera (HBAR) traded 0.3% lower against the dollar and now trades at $0.10 or 0.00000162 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Cosmos (ATOM) traded 0.6% lower against the dollar and now trades at $8.15 or 0.00012774 BTC.
• Fetch.ai (FET) traded 0.3% higher against the dollar and now trades at $2.17 or 0.00003396 BTC.
• Algorand (ALGO) traded 1.2% lower against the dollar and now trades at $0.19 or 0.00000299 BTC.
• Akash Network (AKT) traded down 0.9% against the dollar and now trades at $4.34 or 0.00006799 BTC.
• Kava (KAVA) traded 0.6% higher against the dollar and now trades at $0.69 or 0.00001077 BTC.

Moonbeam Profile

GLMR uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,116,480,437 coins and its circulating supply is 858,972,226 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official website is moonbeam.network. Moonbeam’s official message board is medium.com/moonbeam-network.

According to CryptoCompare, “Moonbeam is a smart contract platform created in 2019 by Derek Yoo, CEO of PureStake. It offers compatibility with the Ethereum network, greater scalability through a proof-of-stake consensus mechanism, and interoperability with other blockchain networks, enabled by the Polkadot network. Developers can use familiar tools and languages, such as Solidity and Web3.js, to build applications on Moonbeam that can interact with other blockchain networks.”

Buying and Selling Moonbeam

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

GLMR/USD price chart by TradingView