Balancer Market Cap Achieves $101.08 Million (BAL)

Balancer (BAL) traded 6.5% lower against the dollar during the 1 day period ending at 0:00 AM ET on September 6th. In the last week, Balancer has traded 8.9% lower against the dollar. Balancer has a market capitalization of $101.08 million and $6.21 million worth of Balancer was traded on exchanges in the last day. One Balancer token can currently be bought for about $1.70 or 0.00003152 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 2.3% against the dollar and now trades at $0.0530 or 0.00000099 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Balancer Profile

Balancer’s launch date was June 20th, 2020. Balancer’s total supply is 64,872,580 tokens and its circulating supply is 59,612,075 tokens. Balancer’s official message board is balancer.finance/blog-feed. The official website for Balancer is balancer.finance. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Buying and Selling Balancer

It is usually not currently possible to buy alternative cryptocurrencies such as Balancer directly using U.S. dollars. Investors seeking to trade Balancer should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView