Moonbeam Price Reaches $0.26 on Major Exchanges (GLMR)

Moonbeam (GLMR) traded up 9.2% against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on December 24th. One Moonbeam coin can now be purchased for $0.26 or 0.00000266 BTC on popular exchanges. Moonbeam has a market cap of $241.25 million and $12.98 million worth of Moonbeam was traded on exchanges in the last 24 hours. During the last seven days, Moonbeam has traded down 12.6% against the U.S. dollar.

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

• Avalanche (AVAX) traded up 12.3% against the dollar and now trades at $40.31 or 0.00041375 BTC.
• Hedera (HBAR) traded 23.5% higher against the dollar and now trades at $0.33 or 0.00000335 BTC.
• NEAR Protocol (NEAR) traded up 11% against the dollar and now trades at $5.59 or 0.00005741 BTC.
• Internet Computer (ICP) traded 11.6% higher against the dollar and now trades at $11.14 or 0.00011439 BTC.
• Cronos (CRO) traded 8.6% higher against the dollar and now trades at $0.16 or 0.00000169 BTC.
• Fetch.ai (FET) traded up 10.6% against the dollar and now trades at $1.40 or 0.00001432 BTC.
• Algorand (ALGO) traded up 16.8% against the dollar and now trades at $0.41 or 0.00000418 BTC.
• Cosmos (ATOM) traded 10.1% higher against the dollar and now trades at $7.07 or 0.00007256 BTC.
• Akash Network (AKT) traded up 13.2% against the dollar and now trades at $3.39 or 0.00003494 BTC.
• Kava (KAVA) traded up 10.1% against the dollar and now trades at $0.47 or 0.00000481 BTC.

About Moonbeam

GLMR uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,151,572,970 coins and its circulating supply is 931,471,900 coins. Moonbeam’s official message board is medium.com/moonbeam-network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official website for Moonbeam is 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 US dollars. Investors seeking to acquire Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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