Moonbeam (GLMR) Trading Down 12.1% This Week

Moonbeam (GLMR) traded up 7.3% against the U.S. dollar during the 1-day period ending at 19:00 PM ET on August 8th. Moonbeam has a market capitalization of $148.90 million and approximately $4.97 million worth of Moonbeam was traded on exchanges in the last 24 hours. Over the last week, Moonbeam has traded down 12.1% against the U.S. dollar. One Moonbeam coin can now be bought for approximately $0.17 or 0.00000269 BTC on exchanges.

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

• Avalanche (AVAX) traded up 13.4% against the dollar and now trades at $22.70 or 0.00036480 BTC.
• NEAR Protocol (NEAR) traded up 12.9% against the dollar and now trades at $4.08 or 0.00006555 BTC.
• Internet Computer (ICP) traded up 8.6% against the dollar and now trades at $7.68 or 0.00012338 BTC.
• Cronos (CRO) traded up 10.5% against the dollar and now trades at $0.0860 or 0.00000138 BTC.
• Hedera (HBAR) traded 14.1% higher against the dollar and now trades at $0.0591 or 0.00000095 BTC.
• Cosmos (ATOM) traded up 5.9% against the dollar and now trades at $5.15 or 0.00008277 BTC.
• Algorand (ALGO) traded 10.9% higher against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Fetch.ai (FET) traded up 8.4% against the dollar and now trades at $0.88 or 0.00001413 BTC.
• Akash Network (AKT) traded up 14.3% against the dollar and now trades at $2.62 or 0.00004241 BTC.
• Theta Fuel (TFUEL) traded up 9.6% against the dollar and now trades at $0.0568 or 0.00000091 BTC.

About Moonbeam

GLMR uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,131,256,506 coins and its circulating supply is 889,783,439 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 Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official message board for Moonbeam is medium.com/moonbeam-network.

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 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, Changelly or Gemini. 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