Moonbeam Reaches Market Cap of $246.43 Million (GLMR)

Moonbeam (GLMR) traded 1.5% lower against the dollar during the one day period ending at 19:00 PM Eastern on May 8th. Moonbeam has a market cap of $246.43 million and approximately $7.82 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can currently be purchased for about $0.29 or 0.00000468 BTC on major cryptocurrency exchanges. In the last week, Moonbeam has traded 1% lower against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 5.3% lower against the dollar and now trades at $33.82 or 0.00055222 BTC.
• NEAR Protocol (NEAR) traded 5.8% lower against the dollar and now trades at $6.82 or 0.00011142 BTC.
• Internet Computer (ICP) traded 3.8% lower against the dollar and now trades at $12.06 or 0.00019688 BTC.
• Hedera (HBAR) traded 3.6% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cosmos (ATOM) traded up 0.3% against the dollar and now trades at $9.08 or 0.00014833 BTC.
• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.12 or 0.00000204 BTC.
• Fetch.ai (FET) traded 8.9% lower against the dollar and now trades at $2.16 or 0.00003521 BTC.
• Algorand (ALGO) traded down 3.2% against the dollar and now trades at $0.19 or 0.00000305 BTC.
• Akash Network (AKT) traded 7% lower against the dollar and now trades at $4.28 or 0.00006975 BTC.
• Theta Fuel (TFUEL) traded down 0.3% against the dollar and now trades at $0.11 or 0.00000177 BTC.

About Moonbeam

Moonbeam (GLMR) uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,117,806,958 coins and its circulating supply is 859,862,593 coins. Moonbeam’s official website is moonbeam.network. Moonbeam’s official message board is medium.com/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 Twitter account is @moonbeamnetwork and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to acquire Moonbeam should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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