Moonbeam (GLMR) Price Down 5.4% This Week

Moonbeam (GLMR) traded down 1.8% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on July 30th. One Moonbeam coin can currently be purchased for about $0.20 or 0.00000298 BTC on popular cryptocurrency exchanges. In the last week, Moonbeam has traded down 5.4% against the U.S. dollar. Moonbeam has a total market cap of $176.35 million and $4.38 million worth of Moonbeam was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 5.8% against the dollar and now trades at $26.92 or 0.00040407 BTC.
• NEAR Protocol (NEAR) traded 4.8% lower against the dollar and now trades at $5.29 or 0.00007942 BTC.
• Internet Computer (ICP) traded down 3.8% against the dollar and now trades at $9.08 or 0.00013625 BTC.
• Cosmos (ATOM) traded 2.5% lower against the dollar and now trades at $6.15 or 0.00009236 BTC.
• Hedera (HBAR) traded down 2.9% against the dollar and now trades at $0.0669 or 0.00000100 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0895 or 0.00000134 BTC.
• Fetch.ai (FET) traded 5.1% lower against the dollar and now trades at $1.23 or 0.00001839 BTC.
• Algorand (ALGO) traded down 1% against the dollar and now trades at $0.14 or 0.00000213 BTC.
• Akash Network (AKT) traded 4.3% lower against the dollar and now trades at $3.13 or 0.00004701 BTC.
• Theta Fuel (TFUEL) traded 5% lower against the dollar and now trades at $0.0681 or 0.00000102 BTC.

About Moonbeam

Moonbeam (GLMR) uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,129,873,482 coins and its circulating supply is 888,858,155 coins. The official website for Moonbeam is moonbeam.network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official message board 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 currently possible to purchase alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to acquire Moonbeam should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView