Moonbeam Market Cap Reaches $151.93 Million (GLMR)

Moonbeam (GLMR) traded up 1% against the dollar during the 24-hour period ending at 23:00 PM ET on October 12th. One Moonbeam coin can currently be bought for $0.17 or 0.00000265 BTC on cryptocurrency exchanges. Moonbeam has a market capitalization of $151.93 million and approximately $3.25 million worth of Moonbeam was traded on exchanges in the last day. During the last seven days, Moonbeam has traded up 3.8% against the dollar.

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

• Avalanche (AVAX) traded 1.4% higher against the dollar and now trades at $28.76 or 0.00045888 BTC.
• NEAR Protocol (NEAR) traded 1.1% higher against the dollar and now trades at $4.75 or 0.00007582 BTC.
• Internet Computer (ICP) traded 2.3% lower against the dollar and now trades at $7.98 or 0.00012730 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0769 or 0.00000123 BTC.
• Hedera (HBAR) traded down 0% against the dollar and now trades at $0.0510 or 0.00000081 BTC.
• Cosmos (ATOM) traded up 0.8% against the dollar and now trades at $4.32 or 0.00006894 BTC.
• Fetch.ai (FET) traded 3.3% higher against the dollar and now trades at $1.45 or 0.00002312 BTC.
• Algorand (ALGO) traded up 0.2% against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Akash Network (AKT) traded 5.5% higher against the dollar and now trades at $2.55 or 0.00004031 BTC.
• Theta Fuel (TFUEL) traded 0.7% higher against the dollar and now trades at $0.0614 or 0.00000098 BTC.

Moonbeam Profile

Moonbeam (GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,140,950,835 coins and its circulating supply is 913,236,249 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. 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.”

Buying and Selling Moonbeam

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

GLMR/USD price chart by TradingView