Moonbeam (GLMR) Trading Down 0.7% This Week

Moonbeam (GLMR) traded 5.5% lower against the US dollar during the twenty-four hour period ending at 9:00 AM E.T. on February 22nd. During the last seven days, Moonbeam has traded 0.7% lower against the US dollar. One Moonbeam coin can now be purchased for approximately $0.13 or 0.00000133 BTC on exchanges. Moonbeam has a market cap of $121.91 million and $7.18 million worth of Moonbeam was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 1.6% lower against the dollar and now trades at $25.56 or 0.00026471 BTC.
• Hedera (HBAR) traded 4.2% lower against the dollar and now trades at $0.21 or 0.00000222 BTC.
• NEAR Protocol (NEAR) traded 1.2% lower against the dollar and now trades at $3.53 or 0.00003653 BTC.
• Internet Computer (ICP) traded 3.1% lower against the dollar and now trades at $7.13 or 0.00007380 BTC.
• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.0854 or 0.00000088 BTC.
• Algorand (ALGO) traded down 6.2% against the dollar and now trades at $0.27 or 0.00000275 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $4.83 or 0.00005004 BTC.
• Fetch.ai (FET) traded 1.7% lower against the dollar and now trades at $0.79 or 0.00000818 BTC.
• Akash Network (AKT) traded down 5.3% against the dollar and now trades at $1.81 or 0.00001875 BTC.
• Kava (KAVA) traded 5.2% lower against the dollar and now trades at $0.43 or 0.00000448 BTC.

Moonbeam Coin Profile

GLMR uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,160,627,680 coins and its circulating supply is 950,151,528 coins. 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. Moonbeam’s official website is moonbeam.network. The official message board for Moonbeam 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 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 GDAX, Gemini 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