Balancer (BAL) Hits Market Capitalization of $224.57 Million

Balancer (BAL) traded up 1.8% against the dollar during the 1-day period ending at 15:00 PM Eastern on April 28th. In the last week, Balancer has traded up 1.1% against the dollar. Balancer has a total market capitalization of $224.57 million and approximately $6.67 million worth of Balancer was traded on exchanges in the last day. One Balancer token can now be purchased for approximately $3.99 or 0.00006247 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 3.2% higher against the dollar and now trades at $0.30 or 0.00000470 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.5% against the dollar and now trades at $0.0097 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Balancer

Balancer was first traded on June 20th, 2020. Balancer’s total supply is 62,947,808 tokens and its circulating supply is 56,336,633 tokens. The official website for Balancer is balancer.finance. The official message board for Balancer is balancer.finance/blog-feed. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Buying and Selling Balancer

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

BAL/USD price chart by TradingView