Balancer Market Cap Hits $109.51 Million (BAL)

Balancer (BAL) traded down 2.8% against the dollar during the 1 day period ending at 22:00 PM Eastern on November 2nd. During the last seven days, Balancer has traded 2.9% lower against the dollar. One Balancer token can now be purchased for approximately $1.81 or 0.00002621 BTC on cryptocurrency exchanges. Balancer has a market capitalization of $109.51 million and $6.26 million worth of Balancer was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.6% against the dollar and now trades at $69,018.23 or 1.00103860 BTC.
• SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $68,963.25 or 1.00024112 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer launched on June 20th, 2020. Balancer’s total supply is 65,689,009 tokens and its circulating supply is 60,608,864 tokens. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. Balancer’s official website is balancer.fi. The official message board for Balancer is balancer.finance/blog-feed.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Balancer Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView