Balancer Market Capitalization Tops $268.15 Million (BAL)

Balancer (BAL) traded 7.6% lower against the dollar during the 1-day period ending at 0:00 AM Eastern on April 1st. Over the last week, Balancer has traded 8.2% lower against the dollar. Balancer has a total market capitalization of $268.15 million and approximately $12.55 million worth of Balancer was traded on exchanges in the last day. One Balancer token can now be bought for about $4.80 or 0.00007198 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 5.7% lower against the dollar and now trades at $0.41 or 0.00000611 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 1.2% higher 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 3.5% lower against the dollar and now trades at $0.0091 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 62,527,796 tokens and its circulating supply is 55,847,347 tokens. Balancer’s official website 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 currently possible to buy alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Balancer using one of the aforementioned exchanges.

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