Moonbeam Trading Down 18.1% Over Last Week (GLMR)

Moonbeam (GLMR) traded 6.5% lower against the US dollar during the one day period ending at 16:00 PM ET on August 3rd. Moonbeam has a market capitalization of $148.27 million and approximately $5.17 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can currently be bought for $0.17 or 0.00000277 BTC on cryptocurrency exchanges. Over the last seven days, Moonbeam has traded 18.1% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 5.5% lower against the dollar and now trades at $22.53 or 0.00037415 BTC.
• NEAR Protocol (NEAR) traded 8.7% lower against the dollar and now trades at $4.28 or 0.00007106 BTC.
• Internet Computer (ICP) traded 10.1% lower against the dollar and now trades at $7.74 or 0.00012848 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0818 or 0.00000136 BTC.
• Hedera (HBAR) traded down 5.2% against the dollar and now trades at $0.0565 or 0.00000094 BTC.
• Cosmos (ATOM) traded down 6.4% against the dollar and now trades at $5.03 or 0.00008356 BTC.
• Fetch.ai (FET) traded 10.2% lower against the dollar and now trades at $0.97 or 0.00001616 BTC.
• Algorand (ALGO) traded 6% lower against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Akash Network (AKT) traded 9.8% lower against the dollar and now trades at $2.34 or 0.00003894 BTC.
• Theta Fuel (TFUEL) traded down 7.6% against the dollar and now trades at $0.0567 or 0.00000094 BTC.

Moonbeam Coin Profile

Moonbeam (GLMR) uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,130,476,306 coins and its circulating supply is 889,266,507 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official website for Moonbeam is 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 message board for Moonbeam 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 presently possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView