Moonbeam (GLMR) Trading Down 4% This Week

Moonbeam (GLMR) traded 2.1% higher against the US dollar during the 24-hour period ending at 11:00 AM E.T. on October 28th. One Moonbeam coin can now be purchased for about $0.16 or 0.00000236 BTC on major cryptocurrency exchanges. During the last seven days, Moonbeam has traded down 4% against the US dollar. Moonbeam has a market cap of $147.92 million and approximately $5.03 million worth of Moonbeam was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded up 0.3% against the dollar and now trades at $25.78 or 0.00037578 BTC.
• NEAR Protocol (NEAR) traded 2.5% lower against the dollar and now trades at $4.16 or 0.00006059 BTC.
• Internet Computer (ICP) traded down 1.8% against the dollar and now trades at $7.71 or 0.00011238 BTC.
• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.0735 or 0.00000107 BTC.
• Hedera (HBAR) traded 1.7% lower against the dollar and now trades at $0.0483 or 0.00000070 BTC.
• Cosmos (ATOM) traded down 1.2% against the dollar and now trades at $4.34 or 0.00006324 BTC.
• Fetch.ai (FET) traded down 2.3% against the dollar and now trades at $1.22 or 0.00001776 BTC.
• Algorand (ALGO) traded down 1.2% against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Akash Network (AKT) traded down 2.1% against the dollar and now trades at $2.22 or 0.00003216 BTC.
• Theta Fuel (TFUEL) traded 3.6% lower against the dollar and now trades at $0.0533 or 0.00000078 BTC.

Moonbeam Profile

GLMR uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,143,251,192 coins and its circulating supply is 914,924,316 coins. 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. The official message board for Moonbeam is medium.com/moonbeam-network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible 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.”

Moonbeam Coin Trading

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

GLMR/USD price chart by TradingView