Moonbeam Reaches Market Cap of $167.57 Million (GLMR)

Moonbeam (GLMR) traded 0.2% higher against the dollar during the 1 day period ending at 21:00 PM E.T. on August 1st. In the last week, Moonbeam has traded 4.6% lower against the dollar. Moonbeam has a market capitalization of $167.57 million and approximately $6.55 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can now be bought for approximately $0.19 or 0.00000291 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $25.48 or 0.00039406 BTC.
• NEAR Protocol (NEAR) traded 1.2% lower against the dollar and now trades at $4.95 or 0.00007658 BTC.
• Internet Computer (ICP) traded 0.2% higher against the dollar and now trades at $8.89 or 0.00013750 BTC.
• Cronos (CRO) traded 0% higher against the dollar and now trades at $0.0871 or 0.00000135 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0632 or 0.00000098 BTC.
• Cosmos (ATOM) traded 0.5% lower against the dollar and now trades at $5.78 or 0.00008931 BTC.
• Fetch.ai (FET) traded down 0.8% against the dollar and now trades at $1.14 or 0.00001756 BTC.
• Algorand (ALGO) traded down 1.1% against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Akash Network (AKT) traded 2.3% higher against the dollar and now trades at $2.92 or 0.00004479 BTC.
• Theta Fuel (TFUEL) traded 0.1% lower against the dollar and now trades at $0.0635 or 0.00000098 BTC.

About Moonbeam

GLMR uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,130,249,721 coins and its circulating supply is 889,111,748 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. 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 website is 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.”

Moonbeam Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to acquire Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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