Moonbeam Price Hits $0.16 on Major Exchanges (GLMR)

Moonbeam (GLMR) traded 2.2% higher against the U.S. dollar during the 24 hour period ending at 16:00 PM E.T. on October 27th. Over the last week, Moonbeam has traded 6.9% lower against the U.S. dollar. Moonbeam has a market cap of $147.14 million and approximately $3.86 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can currently be purchased for approximately $0.16 or 0.00000237 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 0.4% against the dollar and now trades at $25.64 or 0.00037820 BTC.
• NEAR Protocol (NEAR) traded up 0.9% against the dollar and now trades at $4.30 or 0.00006344 BTC.
• Internet Computer (ICP) traded up 0% against the dollar and now trades at $7.84 or 0.00011558 BTC.
• Cronos (CRO) traded up 1.5% against the dollar and now trades at $0.0742 or 0.00000109 BTC.
• Hedera (HBAR) traded up 1.3% against the dollar and now trades at $0.0489 or 0.00000072 BTC.
• Cosmos (ATOM) traded 0.1% lower against the dollar and now trades at $4.37 or 0.00006450 BTC.
• Fetch.ai (FET) traded 1.8% higher against the dollar and now trades at $1.26 or 0.00001862 BTC.
• Algorand (ALGO) traded up 1.2% against the dollar and now trades at $0.12 or 0.00000171 BTC.
• Akash Network (AKT) traded 0.7% higher against the dollar and now trades at $2.29 or 0.00003390 BTC.
• Theta Fuel (TFUEL) traded 0% lower against the dollar and now trades at $0.0548 or 0.00000081 BTC.

Moonbeam Coin Profile

GLMR uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,143,138,085 coins and its circulating supply is 914,848,061 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The Reddit community for Moonbeam is https://reddit.com/r/moonbeam and the currency’s Github account can be viewed here. Moonbeam’s official website is moonbeam.network. 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 buy alternative cryptocurrencies such as Moonbeam directly using US dollars. Investors seeking to acquire Moonbeam should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView