Moonbeam Price Hits $0.29 on Exchanges (GLMR)

Moonbeam (GLMR) traded up 4.1% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on May 9th. Moonbeam has a total market capitalization of $253.36 million and approximately $7.37 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can now be bought for about $0.29 or 0.00000483 BTC on major cryptocurrency exchanges. In the last week, Moonbeam has traded 3% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 1.4% lower against the dollar and now trades at $33.87 or 0.00055502 BTC.
• NEAR Protocol (NEAR) traded 0.3% higher against the dollar and now trades at $7.12 or 0.00011672 BTC.
• Internet Computer (ICP) traded down 2.3% against the dollar and now trades at $11.91 or 0.00019510 BTC.
• Hedera (HBAR) traded 1.2% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Cosmos (ATOM) traded 0.9% lower against the dollar and now trades at $8.92 or 0.00014617 BTC.
• Cronos (CRO) traded down 0.8% against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Fetch.ai (FET) traded 3.2% lower against the dollar and now trades at $2.16 or 0.00003543 BTC.
• Algorand (ALGO) traded down 0.6% against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded up 12.9% against the dollar and now trades at $4.99 or 0.00008123 BTC.
• Kava (KAVA) traded down 1% against the dollar and now trades at $0.65 or 0.00001063 BTC.

About Moonbeam

Moonbeam (CRYPTO:GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,117,880,853 coins and its circulating supply is 859,912,195 coins. The official message board for Moonbeam is medium.com/moonbeam-network. 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. The official website for Moonbeam is 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 U.S. dollars. Investors seeking to trade Moonbeam should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Moonbeam using one of the aforementioned exchanges.

GLMR/USD price chart by TradingView