Moonbeam (GLMR) Achieves Market Capitalization of $191.80 Million

Moonbeam (GLMR) traded 6.1% lower against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on June 18th. In the last week, Moonbeam has traded down 20.1% against the US dollar. One Moonbeam coin can now be purchased for about $0.22 or 0.00000336 BTC on popular cryptocurrency exchanges. Moonbeam has a market capitalization of $191.80 million and approximately $7.06 million worth of Moonbeam was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

  • Avalanche (AVAX) traded 6.5% lower against the dollar and now trades at $26.38 or 0.00040745 BTC.
  • NEAR Protocol (NEAR) traded 11.3% lower against the dollar and now trades at $4.62 or 0.00007133 BTC.
  • Internet Computer (ICP) traded 9.3% lower against the dollar and now trades at $8.05 or 0.00012428 BTC.
  • Hedera (HBAR) traded down 6.6% against the dollar and now trades at $0.0754 or 0.00000116 BTC.
  • Cosmos (ATOM) traded 8.1% lower against the dollar and now trades at $6.43 or 0.00009937 BTC.
  • Cronos (CRO) traded down 2.9% against the dollar and now trades at $0.0923 or 0.00000143 BTC.
  • Fetch.ai (FET) traded 10.6% lower against the dollar and now trades at $1.18 or 0.00001822 BTC.
  • Algorand (ALGO) traded 9.4% lower against the dollar and now trades at $0.13 or 0.00000205 BTC.
  • Akash Network (AKT) traded 11.2% lower against the dollar and now trades at $2.67 or 0.00004137 BTC.
  • Kava (KAVA) traded down 15% against the dollar and now trades at $0.45 or 0.00000689 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,123,714,390 coins and its circulating supply is 880,753,143 coins. Moonbeam’s official message board is medium.com/moonbeam-network. The official website for Moonbeam is moonbeam.network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed 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 currently 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Moonbeam using one of the exchanges listed above.

Receive News & Updates for Moonbeam Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Moonbeam and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.