Moonbeam (GLMR) Trading Down 8.5% This Week

Moonbeam (GLMR) traded 2.4% lower against the US dollar during the 24-hour period ending at 8:00 AM ET on September 7th. One Moonbeam coin can now be bought for $0.15 or 0.00000275 BTC on popular cryptocurrency exchanges. In the last seven days, Moonbeam has traded 8.5% lower against the US dollar. Moonbeam has a market cap of $134.64 million and approximately $3.98 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 up 0.1% against the dollar and now trades at $21.66 or 0.00039766 BTC.
• NEAR Protocol (NEAR) traded down 1.2% against the dollar and now trades at $3.64 or 0.00006689 BTC.
• Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $7.10 or 0.00013025 BTC.
• Cronos (CRO) traded down 0.2% against the dollar and now trades at $0.0765 or 0.00000140 BTC.
• Hedera (HBAR) traded 0.6% lower against the dollar and now trades at $0.0480 or 0.00000088 BTC.
• Cosmos (ATOM) traded down 5% against the dollar and now trades at $3.75 or 0.00006890 BTC.
• Fetch.ai (FET) traded down 0.5% against the dollar and now trades at $1.08 or 0.00001980 BTC.
• Algorand (ALGO) traded up 1.5% against the dollar and now trades at $0.12 or 0.00000223 BTC.
• Akash Network (AKT) traded 1% lower against the dollar and now trades at $2.26 or 0.00004156 BTC.
• Theta Fuel (TFUEL) traded 0.7% higher against the dollar and now trades at $0.0534 or 0.00000098 BTC.

Moonbeam Coin Profile

Moonbeam uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,135,651,637 coins and its circulating supply is 898,503,952 coins. 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. Moonbeam’s official website 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 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView