Moonbeam (GLMR) Reaches Market Cap of $267.03 Million

Moonbeam (GLMR) traded 3% higher against the US dollar during the one day period ending at 20:00 PM Eastern on May 5th. In the last week, Moonbeam has traded up 3.4% against the US dollar. Moonbeam has a total market capitalization of $267.03 million and approximately $5.38 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can now be purchased for about $0.31 or 0.00000484 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 0.1% higher against the dollar and now trades at $37.42 or 0.00058284 BTC.
• NEAR Protocol (NEAR) traded up 10.2% against the dollar and now trades at $7.49 or 0.00011662 BTC.
• Internet Computer (ICP) traded 0.2% higher against the dollar and now trades at $13.11 or 0.00020423 BTC.
• Hedera (HBAR) traded up 4.3% against the dollar and now trades at $0.11 or 0.00000175 BTC.
• Cosmos (ATOM) traded up 7.9% against the dollar and now trades at $9.38 or 0.00014603 BTC.
• Cronos (CRO) traded 0.8% higher against the dollar and now trades at $0.13 or 0.00000208 BTC.
• Fetch.ai (FET) traded 12.8% higher against the dollar and now trades at $2.42 or 0.00003770 BTC.
• Algorand (ALGO) traded up 1.9% against the dollar and now trades at $0.20 or 0.00000307 BTC.
• Akash Network (AKT) traded up 14.3% against the dollar and now trades at $4.90 or 0.00007660 BTC.
• Kava (KAVA) traded 2.6% higher against the dollar and now trades at $0.69 or 0.00001082 BTC.

Moonbeam Profile

Moonbeam uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,117,362,549 coins and its circulating supply is 859,562,931 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. The official website for Moonbeam 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.”

Buying and Selling Moonbeam

It is usually not currently possible to purchase alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to acquire Moonbeam should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView