Moonbeam Reaches Market Cap of $214.11 Million (GLMR)

Moonbeam (GLMR) traded 3.6% higher against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on January 17th. One Moonbeam coin can now be bought for approximately $0.23 or 0.00000219 BTC on exchanges. Moonbeam has a total market cap of $214.11 million and $11.62 million worth of Moonbeam was traded on exchanges in the last 24 hours. During the last seven days, Moonbeam has traded 2% higher against the U.S. dollar.

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

• Avalanche (AVAX) traded up 4.4% against the dollar and now trades at $41.02 or 0.00039487 BTC.
• Hedera (HBAR) traded 4.2% higher against the dollar and now trades at $0.37 or 0.00000354 BTC.
• NEAR Protocol (NEAR) traded 7.4% higher against the dollar and now trades at $5.59 or 0.00005379 BTC.
• Internet Computer (ICP) traded 3.9% higher against the dollar and now trades at $11.18 or 0.00010765 BTC.
• Algorand (ALGO) traded up 1.8% against the dollar and now trades at $0.47 or 0.00000452 BTC.
• Cronos (CRO) traded 0.2% higher against the dollar and now trades at $0.14 or 0.00000139 BTC.
• Fetch.ai (FET) traded 5.3% higher against the dollar and now trades at $1.39 or 0.00001341 BTC.
• Cosmos (ATOM) traded 4.7% higher against the dollar and now trades at $6.88 or 0.00006620 BTC.
• Akash Network (AKT) traded 3.7% higher against the dollar and now trades at $3.21 or 0.00003092 BTC.
• Kava (KAVA) traded 4.1% higher against the dollar and now trades at $0.51 or 0.00000490 BTC.

Moonbeam Coin Profile

GLMR uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,155,201,631 coins and its circulating supply is 942,476,626 coins. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official website is moonbeam.network. Moonbeam’s official message board 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.”

Moonbeam Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to trade Moonbeam should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView