Moonbeam Price Down 5.1% This Week (GLMR)

Moonbeam (GLMR) traded 5.3% lower against the US dollar during the 24-hour period ending at 10:00 AM E.T. on October 26th. Moonbeam has a total market capitalization of $143.10 million and $5.78 million worth of Moonbeam was traded on exchanges in the last day. During the last seven days, Moonbeam has traded down 5.1% against the US dollar. One Moonbeam coin can now be bought for about $0.16 or 0.00000234 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 4.3% against the dollar and now trades at $25.31 or 0.00037876 BTC.
• NEAR Protocol (NEAR) traded 7.8% lower against the dollar and now trades at $4.22 or 0.00006318 BTC.
• Internet Computer (ICP) traded down 8.5% against the dollar and now trades at $7.64 or 0.00011434 BTC.
• Cronos (CRO) traded 2.3% lower against the dollar and now trades at $0.0727 or 0.00000109 BTC.
• Hedera (HBAR) traded 7.5% lower against the dollar and now trades at $0.0476 or 0.00000071 BTC.
• Cosmos (ATOM) traded down 7.3% against the dollar and now trades at $4.37 or 0.00006546 BTC.
• Fetch.ai (FET) traded down 7.9% against the dollar and now trades at $1.22 or 0.00001823 BTC.
• Algorand (ALGO) traded down 6.6% against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Akash Network (AKT) traded down 4.7% against the dollar and now trades at $2.29 or 0.00003418 BTC.
• Theta Fuel (TFUEL) traded 5.3% lower against the dollar and now trades at $0.0546 or 0.00000082 BTC.

Moonbeam Profile

GLMR uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,142,948,685 coins and its circulating supply is 914,558,786 coins. 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. 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 presently 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 Coinbase, Changelly or Gemini. 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