Moonbeam (GLMR) Trading 7% Lower Over Last Week

Moonbeam (GLMR) traded up 2.7% against the dollar during the twenty-four hour period ending at 17:00 PM Eastern on November 5th. Moonbeam has a total market cap of $139.89 million and approximately $5.90 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can currently be bought for $0.15 or 0.00000220 BTC on popular exchanges. In the last seven days, Moonbeam has traded down 7% against the dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Avalanche (AVAX) traded 5.8% higher against the dollar and now trades at $23.97 or 0.00034469 BTC.
  • NEAR Protocol (NEAR) traded up 7.5% against the dollar and now trades at $3.82 or 0.00005492 BTC.
  • Internet Computer (ICP) traded 7% higher against the dollar and now trades at $7.40 or 0.00010640 BTC.
  • Fetch.ai (FET) traded 12.4% higher against the dollar and now trades at $1.25 or 0.00001791 BTC.
  • Cronos (CRO) traded up 3.1% against the dollar and now trades at $0.0725 or 0.00000104 BTC.
  • Hedera (HBAR) traded up 9.4% against the dollar and now trades at $0.0461 or 0.00000066 BTC.
  • Cosmos (ATOM) traded 7.8% higher against the dollar and now trades at $4.18 or 0.00006010 BTC.
  • Algorand (ALGO) traded up 6.6% against the dollar and now trades at $0.11 or 0.00000164 BTC.
  • Akash Network (AKT) traded up 8.4% against the dollar and now trades at $2.30 or 0.00003313 BTC.
  • Theta Fuel (TFUEL) traded up 5.8% against the dollar and now trades at $0.0509 or 0.00000073 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,144,444,258 coins and its circulating supply is 915,708,553 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 possible to purchase alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to trade Moonbeam should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Moonbeam using one of the aforementioned exchanges.

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