Moonbeam Reaches Market Cap of $160.73 Million (GLMR)

Moonbeam (GLMR) traded 5.8% lower against the U.S. dollar during the 1 day period ending at 9:00 AM Eastern on November 14th. In the last week, Moonbeam has traded up 6.3% against the U.S. dollar. Moonbeam has a market capitalization of $160.73 million and approximately $15.07 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can now be bought for about $0.17 or 0.00000192 BTC on popular exchanges.

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

  • Avalanche (AVAX) traded down 3.2% against the dollar and now trades at $32.71 or 0.00035834 BTC.
  • NEAR Protocol (NEAR) traded down 1% against the dollar and now trades at $5.34 or 0.00005850 BTC.
  • Cronos (CRO) traded 7.6% lower against the dollar and now trades at $0.16 or 0.00000173 BTC.
  • Internet Computer (ICP) traded 1.7% lower against the dollar and now trades at $8.39 or 0.00009187 BTC.
  • Fetch.ai (FET) traded down 4.6% against the dollar and now trades at $1.28 or 0.00001404 BTC.
  • Hedera (HBAR) traded up 3.5% against the dollar and now trades at $0.0616 or 0.00000067 BTC.
  • Cosmos (ATOM) traded 1.1% lower against the dollar and now trades at $5.08 or 0.00005563 BTC.
  • Algorand (ALGO) traded 0.1% higher against the dollar and now trades at $0.15 or 0.00000162 BTC.
  • Akash Network (AKT) traded down 5% against the dollar and now trades at $3.13 or 0.00003450 BTC.
  • Kava (KAVA) traded 1.1% lower against the dollar and now trades at $0.40 or 0.00000434 BTC.

Moonbeam Coin Profile

GLMR uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,145,745,979 coins and its circulating supply is 919,431,102 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. 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 purchase alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to acquire 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 aforementioned exchanges.

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