Moonbeam (GLMR) Price Reaches $0.16 on Exchanges

Moonbeam (GLMR) traded down 3.9% against the dollar during the 24 hour period ending at 10:00 AM Eastern on January 29th. Over the last seven days, Moonbeam has traded down 14.6% against the dollar. Moonbeam has a total market cap of $149.30 million and $7.08 million worth of Moonbeam was traded on exchanges in the last day. One Moonbeam coin can currently be bought for approximately $0.16 or 0.00000155 BTC on major exchanges.

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

• Avalanche (AVAX) traded 4.1% lower against the dollar and now trades at $32.38 or 0.00031724 BTC.
• Hedera (HBAR) traded down 4.1% against the dollar and now trades at $0.30 or 0.00000296 BTC.
• NEAR Protocol (NEAR) traded down 3% against the dollar and now trades at $4.39 or 0.00004303 BTC.
• Internet Computer (ICP) traded 4.8% lower against the dollar and now trades at $8.47 or 0.00008299 BTC.
• Cronos (CRO) traded down 3.5% against the dollar and now trades at $0.13 or 0.00000124 BTC.
• Algorand (ALGO) traded 5.5% lower against the dollar and now trades at $0.36 or 0.00000353 BTC.
• Fetch.ai (FET) traded down 8.5% against the dollar and now trades at $0.96 or 0.00000944 BTC.
• Cosmos (ATOM) traded down 1.4% against the dollar and now trades at $5.77 or 0.00005648 BTC.
• Akash Network (AKT) traded down 1% against the dollar and now trades at $2.46 or 0.00002420 BTC.
• Kava (KAVA) traded down 6.1% against the dollar and now trades at $0.41 or 0.00000398 BTC.

About Moonbeam

Moonbeam uses the hashing algorithm. It was first traded on August 19th, 2021. Moonbeam’s total supply is 1,156,996,898 coins and its circulating supply is 944,870,950 coins. The official message board for Moonbeam is medium.com/moonbeam-network. 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. 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 presently possible to buy alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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