Balancer Achieves Market Capitalization of $152.27 Million (BAL)

Balancer (BAL) traded down 1.4% against the US dollar during the twenty-four hour period ending at 7:00 AM E.T. on January 9th. Balancer has a market cap of $152.27 million and $13.48 million worth of Balancer was traded on exchanges in the last day. Over the last seven days, Balancer has traded down 6.2% against the US dollar. One Balancer token can currently be bought for about $2.48 or 0.00002648 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• SolvBTC (SOLVBTC) traded 1.8% lower against the dollar and now trades at $93,247.67 or 0.99874337 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.2% against the dollar and now trades at $92,686.25 or 0.99273012 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Profile

Balancer’s launch date was June 20th, 2020. Balancer’s total supply is 66,638,700 tokens and its circulating supply is 61,512,899 tokens. Balancer’s official message board is balancer.finance/blog-feed. The official website for Balancer is balancer.fi. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here.

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 possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView