Balancer (BAL) Hits Market Capitalization of $201.17 Million

Balancer (BAL) traded up 4.7% against the dollar during the one day period ending at 13:00 PM E.T. on May 2nd. In the last seven days, Balancer has traded 7.8% lower against the dollar. Balancer has a total market capitalization of $201.17 million and approximately $9.11 million worth of Balancer was traded on exchanges in the last day. One Balancer token can currently be bought for about $3.55 or 0.00006000 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 8.7% against the dollar and now trades at $0.30 or 0.00000508 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.7% higher against the dollar and now trades at $0.0100 or 0.00000017 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 63,022,074 tokens and its circulating supply is 56,685,899 tokens. Balancer’s official message board 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.”

Buying and Selling Balancer

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

BAL/USD price chart by TradingView