Moonbeam (GLMR) Market Cap Achieves $24.18 Million

Moonbeam (GLMR) traded 3.7% lower against the dollar during the 24-hour period ending at 8:00 AM ET on December 23rd. Moonbeam has a market cap of $24.18 million and approximately $1.71 million worth of Moonbeam was traded on exchanges in the last day. In the last week, Moonbeam has traded 10.7% lower against the dollar. One Moonbeam coin can currently be purchased for about $0.0234 or 0.00000027 BTC on exchanges.

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

• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.0954 or 0.00000109 BTC.
• Avalanche (AVAX) traded down 1.4% against the dollar and now trades at $12.18 or 0.00013885 BTC.
• Hedera (HBAR) traded 2.1% lower against the dollar and now trades at $0.11 or 0.00000128 BTC.
• NEAR Protocol (NEAR) traded 4.4% lower against the dollar and now trades at $1.50 or 0.00001705 BTC.
• Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $2.97 or 0.00003392 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.11 or 0.00000125 BTC.
• Cosmos (ATOM) traded 1% lower against the dollar and now trades at $1.95 or 0.00002227 BTC.
• Fetch.ai (FET) traded down 2.4% against the dollar and now trades at $0.21 or 0.00000235 BTC.
• PayProtocol Paycoin (PCI) traded down 0.4% against the dollar and now trades at $0.0676 or 0.00000077 BTC.
• Theta Fuel (TFUEL) traded 1.4% lower against the dollar and now trades at $0.0176 or 0.00000020 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,208,453,954 coins and its circulating supply is 1,035,124,417 coins. Moonbeam’s official website is moonbeam.network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. Moonbeam’s official message board is medium.com/moonbeam-network. 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 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 U.S. dollars. Investors seeking to trade Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView