Moonbeam (GLMR) Achieves Market Capitalization of $247.33 Million

Moonbeam (GLMR) traded down 4.2% against the dollar during the twenty-four hour period ending at 10:00 AM ET on January 5th. Moonbeam has a market capitalization of $247.33 million and approximately $11.18 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can currently be purchased for approximately $0.27 or 0.00000271 BTC on major exchanges. Over the last week, Moonbeam has traded 1% lower against the dollar.

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

• Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $41.82 or 0.00042743 BTC.
• Hedera (HBAR) traded 3.8% lower 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 5.5% lower 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 3.2% lower against the dollar and now trades at $1.47 or 0.00001503 BTC.
• Algorand (ALGO) traded 4.3% lower 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 down 2.6% 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 Profile

Moonbeam (GLMR) uses the hashing algorithm. Its genesis 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 website for Moonbeam is moonbeam.network. The official message board for Moonbeam is medium.com/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 U.S. dollars. Investors seeking to trade Moonbeam should first buy 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 buy Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView