Moonbeam (GLMR) Price Down 32.6% This Week

Moonbeam (GLMR) traded down 12.5% against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on December 20th. Over the last week, Moonbeam has traded 32.6% lower against the US dollar. Moonbeam has a total market cap of $207.35 million and approximately $26.86 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can currently be purchased for about $0.22 or 0.00000232 BTC on major exchanges.

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

• Avalanche (AVAX) traded 9.9% lower against the dollar and now trades at $37.62 or 0.00039262 BTC.
• Hedera (HBAR) traded 11.2% lower against the dollar and now trades at $0.26 or 0.00000266 BTC.
• NEAR Protocol (NEAR) traded down 10.3% against the dollar and now trades at $5.02 or 0.00005241 BTC.
• Internet Computer (ICP) traded 8.6% lower against the dollar and now trades at $9.89 or 0.00010326 BTC.
• Cronos (CRO) traded 9.6% lower against the dollar and now trades at $0.16 or 0.00000164 BTC.
• Fetch.ai (FET) traded 8.4% lower against the dollar and now trades at $1.27 or 0.00001324 BTC.
• Algorand (ALGO) traded down 13% against the dollar and now trades at $0.32 or 0.00000329 BTC.
• Cosmos (ATOM) traded 11.6% lower against the dollar and now trades at $6.48 or 0.00006763 BTC.
• Akash Network (AKT) traded 4.8% lower against the dollar and now trades at $3.10 or 0.00003236 BTC.
• Kava (KAVA) traded down 11.4% against the dollar and now trades at $0.41 or 0.00000423 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,150,967,775 coins and its circulating supply is 931,074,523 coins. The official website for Moonbeam is moonbeam.network. 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.

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 presently possible to buy alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to acquire Moonbeam should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView