Balancer (BAL) Price Hits $3.86

Balancer (BAL) traded 2% higher against the US dollar during the twenty-four hour period ending at 0:00 AM Eastern on April 16th. Balancer has a market capitalization of $216.91 million and approximately $7.92 million worth of Balancer was traded on exchanges in the last day. One Balancer token can now be purchased for about $3.86 or 0.00006035 BTC on popular cryptocurrency exchanges. In the last week, Balancer has traded down 19.7% against the US dollar.

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

• KILT Protocol (KILT) traded 6% lower against the dollar and now trades at $0.33 or 0.00000516 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.9% higher against the dollar and now trades at $0.0088 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Balancer

Balancer launched on June 20th, 2020. Balancer’s total supply is 62,763,734 tokens and its circulating supply is 56,152,559 tokens. The official message board for Balancer is balancer.finance/blog-feed. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. Balancer’s official website is balancer.finance.

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 buy alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to trade Balancer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Balancer using one of the exchanges listed above.

BAL/USD price chart by TradingView