Moonbeam Achieves Market Capitalization of $253.32 Million (GLMR)

Moonbeam (GLMR) traded 3.6% higher against the U.S. dollar during the 1-day period ending at 15:00 PM ET on May 2nd. Moonbeam has a market capitalization of $253.32 million and approximately $7.31 million worth of Moonbeam was traded on exchanges in the last day. In the last week, Moonbeam has traded 9.7% lower against the U.S. dollar. One Moonbeam coin can currently be bought for approximately $0.29 or 0.00000497 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 3.6% higher against the dollar and now trades at $33.69 or 0.00056795 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $6.12 or 0.00010320 BTC.
• Internet Computer (ICP) traded 3.8% higher against the dollar and now trades at $13.33 or 0.00022467 BTC.
• Hedera (HBAR) traded 3.3% lower against the dollar and now trades at $0.0993 or 0.00000167 BTC.
• Cronos (CRO) traded 1.8% higher against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Cosmos (ATOM) traded up 3.5% against the dollar and now trades at $8.66 or 0.00014598 BTC.
• Fetch.ai (FET) traded 1.6% higher against the dollar and now trades at $2.00 or 0.00003376 BTC.
• Algorand (ALGO) traded up 2.4% against the dollar and now trades at $0.18 or 0.00000308 BTC.
• Akash Network (AKT) traded 8.3% higher against the dollar and now trades at $4.28 or 0.00007238 BTC.
• Kava (KAVA) traded 3.4% higher against the dollar and now trades at $0.66 or 0.00001107 BTC.

Moonbeam Coin Profile

GLMR uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,116,882,292 coins and its circulating supply is 859,240,099 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official website for Moonbeam is moonbeam.network. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official message board 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 possible to purchase alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView