Moonbeam (GLMR) Price Hits $0.44

Moonbeam (GLMR) traded down 7.5% against the U.S. dollar during the twenty-four hour period ending at 23:00 PM E.T. on January 24th. In the last seven days, Moonbeam has traded 8.9% higher against the U.S. dollar. Moonbeam has a market capitalization of $245.37 million and approximately $9.67 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can now be purchased for approximately $0.44 or 0.00001962 BTC on exchanges.

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

  • Avalanche (AVAX) traded 9.1% lower against the dollar and now trades at $16.99 or 0.00075022 BTC.
  • Cosmos (ATOM) traded down 5.4% against the dollar and now trades at $12.61 or 0.00055676 BTC.
  • Cronos (CRO) traded 2.8% lower against the dollar and now trades at $0.0791 or 0.00000349 BTC.
  • NEAR Protocol (NEAR) traded down 9.7% against the dollar and now trades at $2.34 or 0.00010348 BTC.
  • Algorand (ALGO) traded 7.5% lower against the dollar and now trades at $0.24 or 0.00001042 BTC.
  • Hedera (HBAR) traded down 4.4% against the dollar and now trades at $0.0658 or 0.00000290 BTC.
  • Internet Computer (ICP) traded 6.5% lower against the dollar and now trades at $5.54 or 0.00024482 BTC.
  • PayProtocol Paycoin (PCI) traded up 4.4% against the dollar and now trades at $0.19 or 0.00000821 BTC.
  • Kava (KAVA) traded down 2% against the dollar and now trades at $1.02 or 0.00004509 BTC.
  • Theta Fuel (TFUEL) traded down 4.4% against the dollar and now trades at $0.0460 or 0.00000203 BTC.

About Moonbeam

Moonbeam (GLMR) uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,046,109,654 coins and its circulating supply is 552,344,202 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 combines the best of both worlds: the familiar and easy-to-use tooling of Ethereum and the scalable, interoperable architecture of Polkadot.One of the design goals of Moonbeam is to create an environment that is as close as possible to Ethereum, and to offer a set of Web3 RPC endpoints that are compatible with Ethereum. However, Moonbeam is also a Substrate based chain, which means that it exposes Substrate RPCs, and that it has integral functionality that is powered by Substrate such as Staking, Governance, and other features which are not part of the Ethereum API.”

Buying and Selling Moonbeam

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

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