Moonbeam Price Tops $0.17 on Major Exchanges (GLMR)

Moonbeam (GLMR) traded down 3.1% against the dollar during the 24 hour period ending at 14:00 PM E.T. on October 16th. During the last week, Moonbeam has traded up 3.8% against the dollar. One Moonbeam coin can now be bought for $0.17 or 0.00000246 BTC on major exchanges. Moonbeam has a total market cap of $153.02 million and approximately $3.59 million worth of Moonbeam was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 2.7% lower against the dollar and now trades at $27.74 or 0.00040807 BTC.
• NEAR Protocol (NEAR) traded down 3.4% against the dollar and now trades at $4.92 or 0.00007237 BTC.
• Internet Computer (ICP) traded down 1.9% against the dollar and now trades at $7.91 or 0.00011642 BTC.
• Cronos (CRO) traded 0.8% higher against the dollar and now trades at $0.0785 or 0.00000115 BTC.
• Hedera (HBAR) traded 4.7% lower against the dollar and now trades at $0.0542 or 0.00000080 BTC.
• Cosmos (ATOM) traded down 2.3% against the dollar and now trades at $4.43 or 0.00006522 BTC.
• Fetch.ai (FET) traded 3.1% lower against the dollar and now trades at $1.43 or 0.00002102 BTC.
• Algorand (ALGO) traded down 3.6% against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded 4.7% higher against the dollar and now trades at $2.62 or 0.00003856 BTC.
• Theta Fuel (TFUEL) traded 1.9% lower against the dollar and now trades at $0.0612 or 0.00000090 BTC.

Moonbeam Coin Profile

Moonbeam uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,141,473,577 coins and its circulating supply is 913,583,569 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. Moonbeam’s official website is 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 message board for Moonbeam 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 currently 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView