Balancer Market Capitalization Tops $105.70 Million (BAL)

Balancer (BAL) traded up 1.4% against the U.S. dollar during the one day period ending at 14:00 PM Eastern on November 5th. One Balancer token can currently be bought for about $1.74 or 0.00002489 BTC on cryptocurrency exchanges. Balancer has a market cap of $105.70 million and $7.10 million worth of Balancer was traded on exchanges in the last 24 hours. During the last seven days, Balancer has traded down 13.8% against the U.S. dollar.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.9% against the dollar and now trades at $69,867.80 or 0.99751067 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $69,673.06 or 0.99473029 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Balancer

Balancer was first traded on June 20th, 2020. Balancer’s total supply is 65,711,153 tokens and its circulating supply is 60,631,008 tokens. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. Balancer’s official website is balancer.fi. The official message board for Balancer is balancer.finance/blog-feed.

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.”

Balancer Token Trading

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

BAL/USD price chart by TradingView