Moonbeam Achieves Market Cap of $240.50 Million (GLMR)

Moonbeam (GLMR) traded down 5.9% against the U.S. dollar during the 1 day period ending at 23:00 PM ET on April 30th. One Moonbeam coin can now be bought for approximately $0.28 or 0.00000467 BTC on popular exchanges. During the last week, Moonbeam has traded 19.2% lower against the U.S. dollar. Moonbeam has a market capitalization of $240.50 million and $8.23 million worth of Moonbeam was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

  • Avalanche (AVAX) traded down 7.4% against the dollar and now trades at $32.43 or 0.00054053 BTC.
  • NEAR Protocol (NEAR) traded down 11.3% against the dollar and now trades at $6.14 or 0.00010236 BTC.
  • Internet Computer (ICP) traded down 3% against the dollar and now trades at $12.85 or 0.00021424 BTC.
  • Cronos (CRO) traded 2.1% lower against the dollar and now trades at $0.13 or 0.00000220 BTC.
  • Hedera (HBAR) traded 7.6% lower against the dollar and now trades at $0.0939 or 0.00000157 BTC.
  • Cosmos (ATOM) traded up 2.5% against the dollar and now trades at $8.38 or 0.00013972 BTC.
  • Fetch.ai (FET) traded 7.2% lower against the dollar and now trades at $1.99 or 0.00003322 BTC.
  • Algorand (ALGO) traded 7.1% lower against the dollar and now trades at $0.18 or 0.00000294 BTC.
  • Akash Network (AKT) traded 6.2% lower against the dollar and now trades at $4.02 or 0.00006652 BTC.
  • Kava (KAVA) traded down 6.8% against the dollar and now trades at $0.64 or 0.00001065 BTC.

Moonbeam Coin Profile

Moonbeam uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,116,660,624 coins and its circulating supply is 859,091,179 coins. 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. The official website for Moonbeam is moonbeam.network. The official message board for Moonbeam 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the aforementioned exchanges.

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