Moonbeam (GLMR) Achieves Market Capitalization of $247.33 Million

Moonbeam (GLMR) traded down 4.2% against the US dollar during the one day period ending at 10:00 AM Eastern on January 5th. Moonbeam has a market cap of $247.33 million and $11.18 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can now be bought for approximately $0.27 or 0.00000271 BTC on major cryptocurrency exchanges. During the last week, Moonbeam has traded down 1% against the US dollar.

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

• Avalanche (AVAX) traded down 0.6% against the dollar and now trades at $41.82 or 0.00042743 BTC.
• Hedera (HBAR) traded down 3.8% against the dollar and now trades at $0.30 or 0.00000307 BTC.
• NEAR Protocol (NEAR) traded down 3.7% against the dollar and now trades at $5.69 or 0.00005813 BTC.
• Internet Computer (ICP) traded down 5.5% against the dollar and now trades at $12.01 or 0.00012276 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.16 or 0.00000163 BTC.
• Fetch.ai (FET) traded down 3.2% against the dollar and now trades at $1.47 or 0.00001503 BTC.
• Algorand (ALGO) traded down 4.3% against the dollar and now trades at $0.40 or 0.00000412 BTC.
• Cosmos (ATOM) traded 2.7% lower against the dollar and now trades at $7.23 or 0.00007388 BTC.
• Akash Network (AKT) traded 2.6% lower against the dollar and now trades at $3.37 or 0.00003462 BTC.
• Kava (KAVA) traded 0.8% lower against the dollar and now trades at $0.55 or 0.00000562 BTC.

Moonbeam Coin Profile

GLMR uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,153,361,647 coins and its circulating supply is 932,891,132 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.”

Moonbeam Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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