Moonbeam Market Cap Hits $261.03 Million (GLMR)

Moonbeam (GLMR) traded 3.9% lower against the dollar during the twenty-four hour period ending at 9:00 AM E.T. on April 27th. Moonbeam has a market capitalization of $261.03 million and approximately $6.59 million worth of Moonbeam was traded on exchanges in the last day. In the last seven days, Moonbeam has traded down 4% against the dollar. One Moonbeam coin can currently be bought for about $0.30 or 0.00000482 BTC on exchanges.

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

• Avalanche (AVAX) traded 2.5% lower against the dollar and now trades at $34.12 or 0.00054149 BTC.
• NEAR Protocol (NEAR) traded down 0.9% against the dollar and now trades at $7.05 or 0.00011193 BTC.
• Internet Computer (ICP) traded down 2.4% against the dollar and now trades at $13.02 or 0.00020667 BTC.
• Hedera (HBAR) traded 5.2% lower against the dollar and now trades at $0.11 or 0.00000169 BTC.
• Cronos (CRO) traded down 3.5% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded 0.3% lower against the dollar and now trades at $8.18 or 0.00012975 BTC.
• Fetch.ai (FET) traded 4.4% lower against the dollar and now trades at $2.12 or 0.00003357 BTC.
• Algorand (ALGO) traded 0.3% higher against the dollar and now trades at $0.20 or 0.00000313 BTC.
• Akash Network (AKT) traded 6.4% lower against the dollar and now trades at $4.34 or 0.00006890 BTC.
• Kava (KAVA) traded down 2.4% against the dollar and now trades at $0.68 or 0.00001086 BTC.

Moonbeam Coin Profile

Moonbeam uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,116,113,055 coins and its circulating supply is 858,716,656 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official website for Moonbeam is moonbeam.network. Moonbeam’s official message board is medium.com/moonbeam-network. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here.

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 buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to acquire Moonbeam should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView