Moonbeam (GLMR) Reaches Market Capitalization of $172.43 Million

Moonbeam (GLMR) traded down 1.6% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on July 31st. Over the last seven days, Moonbeam has traded down 4.6% against the U.S. dollar. Moonbeam has a market cap of $172.43 million and approximately $4.02 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can currently be bought for $0.19 or 0.00000291 BTC on exchanges.

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

• Avalanche (AVAX) traded up 0.3% against the dollar and now trades at $26.77 or 0.00040226 BTC.
• NEAR Protocol (NEAR) traded 0.1% higher against the dollar and now trades at $5.23 or 0.00007860 BTC.
• Internet Computer (ICP) traded 1.5% higher against the dollar and now trades at $9.10 or 0.00013671 BTC.
• Hedera (HBAR) traded 0.2% higher against the dollar and now trades at $0.0665 or 0.00000100 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0892 or 0.00000134 BTC.
• Cosmos (ATOM) traded down 2.1% against the dollar and now trades at $6.01 or 0.00009026 BTC.
• Fetch.ai (FET) traded 1.6% lower against the dollar and now trades at $1.19 or 0.00001793 BTC.
• Algorand (ALGO) traded up 0.4% against the dollar and now trades at $0.14 or 0.00000212 BTC.
• Akash Network (AKT) traded down 4.9% against the dollar and now trades at $2.98 or 0.00004460 BTC.
• Kava (KAVA) traded 0.1% lower against the dollar and now trades at $0.41 or 0.00000623 BTC.

About Moonbeam

Moonbeam (GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,130,023,657 coins and its circulating supply is 888,959,068 coins. The official website for Moonbeam is moonbeam.network. The official message board for Moonbeam is medium.com/moonbeam-network. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here.

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 possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView