Moonbeam Trading Up 3% This Week (GLMR)

Moonbeam (GLMR) traded 4.1% higher against the dollar during the 24 hour period ending at 0:00 AM ET on August 19th. One Moonbeam coin can now be purchased for $0.17 or 0.00000271 BTC on major exchanges. Moonbeam has a market cap of $147.65 million and approximately $4.55 million worth of Moonbeam was traded on exchanges in the last day. In the last seven days, Moonbeam has traded up 3% against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 4.6% higher against the dollar and now trades at $21.75 or 0.00035725 BTC.
• NEAR Protocol (NEAR) traded 5.1% higher against the dollar and now trades at $4.09 or 0.00006726 BTC.
• Internet Computer (ICP) traded 3.1% higher against the dollar and now trades at $7.34 or 0.00012066 BTC.
• Cronos (CRO) traded up 1.6% against the dollar and now trades at $0.0873 or 0.00000143 BTC.
• Hedera (HBAR) traded 3.4% higher against the dollar and now trades at $0.0550 or 0.00000090 BTC.
• Cosmos (ATOM) traded up 3.1% against the dollar and now trades at $4.71 or 0.00007731 BTC.
• Algorand (ALGO) traded up 4.4% against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Fetch.ai (FET) traded 12.5% higher against the dollar and now trades at $0.91 or 0.00001498 BTC.
• Akash Network (AKT) traded 1.9% lower against the dollar and now trades at $2.44 or 0.00004117 BTC.
• Theta Fuel (TFUEL) traded up 2.8% against the dollar and now trades at $0.0567 or 0.00000093 BTC.

Moonbeam Profile

GLMR uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,132,919,257 coins and its circulating supply is 893,875,693 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. 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.

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 acquire Moonbeam should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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