Moonbeam Market Capitalization Reaches $28.50 Million (GLMR)

Moonbeam (GLMR) traded down 13.8% against the dollar during the 1-day period ending at 8:00 AM ET on November 21st. Moonbeam has a market capitalization of $28.50 million and approximately $4.54 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can now be bought for $0.0277 or 0.00000033 BTC on popular exchanges. In the last week, Moonbeam has traded down 12.4% against the dollar.

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

• Cronos (CRO) traded down 11.7% against the dollar and now trades at $0.0967 or 0.00000116 BTC.
• Avalanche (AVAX) traded down 8.7% against the dollar and now trades at $13.16 or 0.00015784 BTC.
• Hedera (HBAR) traded down 12.5% against the dollar and now trades at $0.13 or 0.00000153 BTC.
• NEAR Protocol (NEAR) traded down 18.1% against the dollar and now trades at $1.93 or 0.00002312 BTC.
• Internet Computer (ICP) traded down 14.2% against the dollar and now trades at $4.29 or 0.00005144 BTC.
• Cosmos (ATOM) traded 15.5% lower against the dollar and now trades at $2.58 or 0.00003092 BTC.
• Algorand (ALGO) traded down 11.8% against the dollar and now trades at $0.14 or 0.00000164 BTC.
• Fetch.ai (FET) traded 14.6% lower against the dollar and now trades at $0.28 or 0.00000338 BTC.
• Theta Fuel (TFUEL) traded 4% lower against the dollar and now trades at $0.0213 or 0.00000026 BTC.
• Akash Network (AKT) traded 15.9% lower against the dollar and now trades at $0.47 or 0.00000571 BTC.

About Moonbeam

Moonbeam (GLMR) uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,203,327,886 coins and its circulating supply is 1,027,217,051 coins. 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. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official website for Moonbeam is moonbeam.network.

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 presently 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 Gemini, GDAX or Changelly. 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