Moonbeam Reaches One Day Trading Volume of $5.03 Million (GLMR)

Moonbeam (GLMR) traded up 2.1% against the dollar during the twenty-four hour period ending at 11:00 AM E.T. on October 28th. One Moonbeam coin can currently be bought for $0.16 or 0.00000236 BTC on cryptocurrency exchanges. In the last seven days, Moonbeam has traded 4% lower against the dollar. Moonbeam has a total market cap of $147.92 million and approximately $5.03 million worth of Moonbeam was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 0.3% against the dollar and now trades at $25.78 or 0.00037578 BTC.
• NEAR Protocol (NEAR) traded down 2.5% against the dollar and now trades at $4.16 or 0.00006059 BTC.
• Internet Computer (ICP) traded 1.8% lower against the dollar and now trades at $7.71 or 0.00011238 BTC.
• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.0735 or 0.00000107 BTC.
• Hedera (HBAR) traded down 1.7% against the dollar and now trades at $0.0483 or 0.00000070 BTC.
• Cosmos (ATOM) traded 1.2% lower against the dollar and now trades at $4.34 or 0.00006324 BTC.
• Fetch.ai (FET) traded down 2.3% against the dollar and now trades at $1.22 or 0.00001776 BTC.
• Algorand (ALGO) traded down 1.2% against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Akash Network (AKT) traded 2.1% lower against the dollar and now trades at $2.22 or 0.00003216 BTC.
• Theta Fuel (TFUEL) traded down 3.6% against the dollar and now trades at $0.0533 or 0.00000078 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,143,251,192 coins and its circulating supply is 914,924,316 coins. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official message board is medium.com/moonbeam-network. Moonbeam’s official website 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 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 GDAX, 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