Moonbeam (GLMR) Trading Down 34.3% Over Last 7 Days

Moonbeam (GLMR) traded down 4.3% against the U.S. dollar during the 24 hour period ending at 20:00 PM E.T. on April 17th. One Moonbeam coin can now be bought for $0.29 or 0.00000473 BTC on cryptocurrency exchanges. Moonbeam has a market capitalization of $247.48 million and approximately $8.84 million worth of Moonbeam was traded on exchanges in the last day. In the last week, Moonbeam has traded down 34.3% against the U.S. dollar.

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

• Avalanche (AVAX) traded 4.6% lower against the dollar and now trades at $32.90 or 0.00053879 BTC.
• NEAR Protocol (NEAR) traded 4% lower against the dollar and now trades at $5.25 or 0.00008592 BTC.
• Internet Computer (ICP) traded 5.1% lower against the dollar and now trades at $11.59 or 0.00018985 BTC.
• Cronos (CRO) traded 5.1% lower against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Cosmos (ATOM) traded 2.9% lower against the dollar and now trades at $7.90 or 0.00012940 BTC.
• Hedera (HBAR) traded 3.3% lower against the dollar and now trades at $0.0767 or 0.00000126 BTC.
• Fetch.ai (FET) traded down 6.6% against the dollar and now trades at $1.95 or 0.00003189 BTC.
• Algorand (ALGO) traded down 4.6% against the dollar and now trades at $0.17 or 0.00000270 BTC.
• Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $3.76 or 0.00006129 BTC.
• Kava (KAVA) traded down 1.8% against the dollar and now trades at $0.63 or 0.00001032 BTC.

Moonbeam Profile

Moonbeam (CRYPTO:GLMR) uses the hashing algorithm. It launched on August 19th, 2021. Moonbeam’s total supply is 1,114,755,781 coins and its circulating supply is 857,143,694 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. The official website for Moonbeam is moonbeam.network. Moonbeam’s official message board 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.

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 purchase alternative cryptocurrencies such as Moonbeam directly using U.S. dollars. Investors seeking to trade Moonbeam should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView