Balancer Market Cap Hits $122.02 Million (BAL)

Balancer (BAL) traded down 1% against the dollar during the 1-day period ending at 11:00 AM E.T. on October 15th. Balancer has a total market capitalization of $122.02 million and approximately $5.56 million worth of Balancer was traded on exchanges in the last day. In the last seven days, Balancer has traded 4.1% higher against the dollar. One Balancer token can now be bought for about $2.02 or 0.00003096 BTC on cryptocurrency exchanges.

Here’s how other 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 4.4% lower against the dollar and now trades at $0.0477 or 0.00000071 BTC.
• P2P Solutions foundation (P2PS) traded 2% lower against the dollar and now trades at $166.39 or 0.00254513 BTC.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 65,388,390 tokens and its circulating supply is 60,285,653 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 presently possible to purchase alternative cryptocurrencies such as Balancer directly using U.S. dollars. Investors seeking to trade Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView