Moonbeam Reaches Market Capitalization of $141.80 Million (GLMR)

Moonbeam (GLMR) traded 6.9% lower against the US dollar during the one day period ending at 21:00 PM E.T. on October 25th. Over the last week, Moonbeam has traded down 6.6% against the US dollar. One Moonbeam coin can now be bought for about $0.16 or 0.00000233 BTC on popular exchanges. Moonbeam has a market capitalization of $141.80 million and approximately $5.54 million worth of Moonbeam was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 6.3% against the dollar and now trades at $24.93 or 0.00037503 BTC.
• NEAR Protocol (NEAR) traded down 10.6% against the dollar and now trades at $4.17 or 0.00006280 BTC.
• Internet Computer (ICP) traded down 7.4% against the dollar and now trades at $7.71 or 0.00011591 BTC.
• Cronos (CRO) traded down 4% against the dollar and now trades at $0.0725 or 0.00000109 BTC.
• Hedera (HBAR) traded 6.2% lower against the dollar and now trades at $0.0479 or 0.00000072 BTC.
• Cosmos (ATOM) traded 7.6% lower against the dollar and now trades at $4.43 or 0.00006668 BTC.
• Fetch.ai (FET) traded down 9.2% against the dollar and now trades at $1.21 or 0.00001813 BTC.
• Algorand (ALGO) traded 5.8% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Akash Network (AKT) traded down 10% against the dollar and now trades at $2.21 or 0.00003292 BTC.
• Theta Fuel (TFUEL) traded 7.1% lower against the dollar and now trades at $0.0544 or 0.00000082 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,142,874,134 coins and its circulating supply is 914,509,694 coins. 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. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. Moonbeam’s official message board 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.”

Moonbeam Coin Trading

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

GLMR/USD price chart by TradingView