Balancer (BAL) Price Down 1% This Week

Balancer (BAL) traded up 8.1% against the US dollar during the twenty-four hour period ending at 15:00 PM ET on October 29th. In the last week, Balancer has traded 1% lower against the US dollar. One Balancer token can now be purchased for $2.02 or 0.00002752 BTC on exchanges. Balancer has a total market capitalization of $122.49 million and $6.08 million worth of Balancer was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 4.6% higher against the dollar and now trades at $72,376.40 or 0.98409062 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.8% higher against the dollar and now trades at $71,680.56 or 0.97462944 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer’s launch date was June 20th, 2020. Balancer’s total supply is 65,605,909 tokens and its circulating supply is 60,525,765 tokens. The official message board for Balancer is balancer.finance/blog-feed. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. The official website for Balancer is balancer.finance.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Balancer Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Balancer directly using U.S. dollars. Investors seeking to trade Balancer should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView