Moonbeam (GLMR) Hits One Day Trading Volume of $5.34 Million

Moonbeam (GLMR) traded down 2.2% against the US dollar during the 1-day period ending at 20:00 PM Eastern on October 23rd. One Moonbeam coin can currently be purchased for approximately $0.17 or 0.00000248 BTC on major cryptocurrency exchanges. In the last week, Moonbeam has traded down 1.5% against the US dollar. Moonbeam has a total market cap of $150.96 million and $5.34 million worth of Moonbeam was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 3% lower against the dollar and now trades at $26.76 or 0.00040132 BTC.
• NEAR Protocol (NEAR) traded down 0.5% against the dollar and now trades at $4.66 or 0.00006982 BTC.
• Internet Computer (ICP) traded 2.7% higher against the dollar and now trades at $8.16 or 0.00012236 BTC.
• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.0758 or 0.00000114 BTC.
• Hedera (HBAR) traded 2.2% lower against the dollar and now trades at $0.0514 or 0.00000077 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $4.63 or 0.00006946 BTC.
• Fetch.ai (FET) traded 2.1% lower against the dollar and now trades at $1.32 or 0.00001986 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded 2% lower against the dollar and now trades at $2.46 or 0.00003696 BTC.
• Theta Fuel (TFUEL) traded down 3.3% against the dollar and now trades at $0.0586 or 0.00000088 BTC.

Moonbeam Coin Profile

Moonbeam (CRYPTO:GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,142,573,989 coins and its circulating supply is 914,311,541 coins. Moonbeam’s official message board is medium.com/moonbeam-network. Moonbeam’s official website is moonbeam.network. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. 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 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 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 Changelly, GDAX or Coinbase. 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