Moonbeam Reaches 24-Hour Trading Volume of $5.33 Million (GLMR)

Moonbeam (GLMR) traded down 1% against the dollar during the one day period ending at 8:00 AM E.T. on October 24th. During the last seven days, Moonbeam has traded 1.4% higher against the dollar. Moonbeam has a total market capitalization of $148.59 million and approximately $5.33 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can currently be bought for about $0.16 or 0.00000242 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 0.1% lower against the dollar and now trades at $26.56 or 0.00039525 BTC.
• NEAR Protocol (NEAR) traded up 0.7% against the dollar and now trades at $4.61 or 0.00006860 BTC.
• Internet Computer (ICP) traded up 2.2% against the dollar and now trades at $8.17 or 0.00012155 BTC.
• Cronos (CRO) traded down 0.2% against the dollar and now trades at $0.0758 or 0.00000113 BTC.
• Hedera (HBAR) traded down 0.3% against the dollar and now trades at $0.0511 or 0.00000076 BTC.
• Cosmos (ATOM) traded 2.8% lower against the dollar and now trades at $4.63 or 0.00006887 BTC.
• Fetch.ai (FET) traded 1% higher against the dollar and now trades at $1.33 or 0.00001980 BTC.
• Algorand (ALGO) traded 0.2% higher against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded 1.2% lower against the dollar and now trades at $2.43 or 0.00003622 BTC.
• Theta Fuel (TFUEL) traded 0% lower against the dollar and now trades at $0.0588 or 0.00000087 BTC.

About Moonbeam

Moonbeam (GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,142,632,467 coins and its circulating supply is 914,345,334 coins. 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. The official website for Moonbeam is moonbeam.network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to trade Moonbeam should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView