Moonbeam (GLMR) Reaches 1-Day Volume of $4.87 Million

Moonbeam (GLMR) traded down 0.5% against the US dollar during the 24 hour period ending at 23:00 PM ET on August 10th. In the last week, Moonbeam has traded down 4% against the US dollar. One Moonbeam coin can currently be purchased for approximately $0.17 or 0.00000272 BTC on exchanges. Moonbeam has a total market capitalization of $147.98 million and approximately $4.87 million worth of Moonbeam was traded on exchanges in the last day.

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

  • Avalanche (AVAX) traded up 0.7% against the dollar and now trades at $21.78 or 0.00035596 BTC.
  • NEAR Protocol (NEAR) traded 4.3% higher against the dollar and now trades at $4.19 or 0.00006850 BTC.
  • Internet Computer (ICP) traded up 0.6% against the dollar and now trades at $7.41 or 0.00012108 BTC.
  • Cronos (CRO) traded 3.7% lower against the dollar and now trades at $0.0923 or 0.00000151 BTC.
  • Cosmos (ATOM) traded up 3% against the dollar and now trades at $5.18 or 0.00008474 BTC.
  • Hedera (HBAR) traded 0.9% higher against the dollar and now trades at $0.0562 or 0.00000092 BTC.
  • Algorand (ALGO) traded 2.2% higher against the dollar and now trades at $0.12 or 0.00000198 BTC.
  • Fetch.ai (FET) traded up 9.1% against the dollar and now trades at $0.92 or 0.00001505 BTC.
  • Akash Network (AKT) traded up 9.1% against the dollar and now trades at $2.77 or 0.00004542 BTC.
  • Theta Fuel (TFUEL) traded down 1.3% against the dollar and now trades at $0.0580 or 0.00000095 BTC.

Moonbeam Profile

GLMR uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,131,556,657 coins and its circulating supply is 889,988,094 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official message board for Moonbeam is medium.com/moonbeam-network. Moonbeam’s official website is moonbeam.network. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed 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 possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first buy 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 buy Moonbeam using one of the aforementioned exchanges.

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