Moonbeam Market Cap Hits $31.64 Million (GLMR)

Moonbeam (GLMR) traded 27.1% higher against the dollar during the 24 hour period ending at 8:00 AM E.T. on January 16th. One Moonbeam coin can currently be purchased for $0.0304 or 0.00000032 BTC on popular cryptocurrency exchanges. Moonbeam has a market capitalization of $31.64 million and $30.57 million worth of Moonbeam was traded on exchanges in the last 24 hours. During the last week, Moonbeam has traded 25% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Cronos (CRO) traded 0.9% lower against the dollar and now trades at $0.10 or 0.00000106 BTC.
• Avalanche (AVAX) traded down 4% against the dollar and now trades at $13.78 or 0.00014435 BTC.
• Hedera (HBAR) traded down 4.1% against the dollar and now trades at $0.12 or 0.00000122 BTC.
• Internet Computer (ICP) traded 2.5% lower against the dollar and now trades at $4.22 or 0.00004422 BTC.
• NEAR Protocol (NEAR) traded 4.7% lower against the dollar and now trades at $1.72 or 0.00001796 BTC.
• Cosmos (ATOM) traded down 1.9% against the dollar and now trades at $2.48 or 0.00002595 BTC.
• Algorand (ALGO) traded down 5.6% against the dollar and now trades at $0.13 or 0.00000133 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $0.28 or 0.00000289 BTC.
• Theta Fuel (TFUEL) traded down 1.3% against the dollar and now trades at $0.0195 or 0.00000020 BTC.
• PayProtocol Paycoin (PCI) traded 0.7% lower against the dollar and now trades at $0.0713 or 0.00000075 BTC.

Moonbeam Coin Profile

Moonbeam uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,212,297,958 coins and its circulating supply is 1,040,985,657 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 combines the best of both worlds: the familiar and easy-to-use tooling of Ethereum and the scalable, interoperable architecture of Polkadot.One of the design goals of Moonbeam is to create an environment that is as close as possible to Ethereum, and to offer a set of Web3 RPC endpoints that are compatible with Ethereum. However, Moonbeam is also a Substrate based chain, which means that it exposes Substrate RPCs, and that it has integral functionality that is powered by Substrate such as Staking, Governance, and other features which are not part of the Ethereum API.”

Buying and Selling Moonbeam

It is usually not currently 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView