Moonbeam Trading Down 12.7% Over Last 7 Days (GLMR)

Moonbeam (GLMR) traded up 1.4% against the US dollar during the 24 hour period ending at 9:00 AM ET on January 25th. Moonbeam has a market capitalization of $176.72 million and $12.65 million worth of Moonbeam was traded on exchanges in the last day. During the last seven days, Moonbeam has traded down 12.7% against the US dollar. One Moonbeam coin can now be bought for about $0.19 or 0.00000179 BTC on popular exchanges.

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

• Avalanche (AVAX) traded down 3.2% against the dollar and now trades at $35.28 or 0.00033731 BTC.
• Hedera (HBAR) traded 3.7% lower against the dollar and now trades at $0.33 or 0.00000316 BTC.
• NEAR Protocol (NEAR) traded 4% lower against the dollar and now trades at $4.90 or 0.00004685 BTC.
• Internet Computer (ICP) traded 2.7% lower against the dollar and now trades at $9.05 or 0.00008650 BTC.
• Cronos (CRO) traded down 3.2% against the dollar and now trades at $0.14 or 0.00000132 BTC.
• Algorand (ALGO) traded down 6.1% against the dollar and now trades at $0.40 or 0.00000378 BTC.
• Fetch.ai (FET) traded 4.7% lower against the dollar and now trades at $1.20 or 0.00001147 BTC.
• Cosmos (ATOM) traded 3.5% lower against the dollar and now trades at $6.16 or 0.00005893 BTC.
• Akash Network (AKT) traded down 4.2% against the dollar and now trades at $2.74 or 0.00002622 BTC.
• Kava (KAVA) traded 4.6% lower against the dollar and now trades at $0.45 or 0.00000430 BTC.

Moonbeam Profile

Moonbeam (GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,156,384,955 coins and its circulating supply is 944,460,954 coins. Moonbeam’s official message board is medium.com/moonbeam-network. Moonbeam’s official website 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.

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 U.S. dollars. Investors seeking to trade Moonbeam should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView