Moonbeam Reaches Market Capitalization of $256.48 Million (GLMR)

Moonbeam (GLMR) traded down 3.8% against the US dollar during the one day period ending at 21:00 PM E.T. on May 6th. Moonbeam has a market capitalization of $256.48 million and approximately $6.19 million worth of Moonbeam was traded on exchanges in the last 24 hours. Over the last week, Moonbeam has traded down 0.9% against the US dollar. One Moonbeam coin can currently be purchased for about $0.30 or 0.00000470 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 1.1% lower against the dollar and now trades at $37.09 or 0.00058392 BTC.
• NEAR Protocol (NEAR) traded down 0.6% against the dollar and now trades at $7.40 or 0.00011646 BTC.
• Internet Computer (ICP) traded 2.5% lower against the dollar and now trades at $12.82 or 0.00020182 BTC.
• Hedera (HBAR) traded 2.1% higher against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Cosmos (ATOM) traded 1.7% lower against the dollar and now trades at $9.22 or 0.00014523 BTC.
• Cronos (CRO) traded down 3% against the dollar and now trades at $0.13 or 0.00000204 BTC.
• Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $2.39 or 0.00003760 BTC.
• Algorand (ALGO) traded 1.8% lower against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded 3% lower against the dollar and now trades at $4.75 or 0.00007480 BTC.
• Kava (KAVA) traded down 3% against the dollar and now trades at $0.67 or 0.00001062 BTC.

Moonbeam Profile

Moonbeam uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,117,510,588 coins and its circulating supply is 859,663,187 coins. Moonbeam’s official message board is medium.com/moonbeam-network. Moonbeam’s official website is 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.

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.”

Buying and Selling Moonbeam

It is usually not presently possible to purchase alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to acquire Moonbeam should first purchase 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 purchase Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView