Moonbeam Price Tops $0.26 on Major Exchanges (GLMR)

Moonbeam (GLMR) traded down 3.8% against the dollar during the twenty-four hour period ending at 15:00 PM ET on May 16th. Over the last seven days, Moonbeam has traded down 13.2% against the dollar. One Moonbeam coin can currently be bought for approximately $0.26 or 0.00000398 BTC on major cryptocurrency exchanges. Moonbeam has a market capitalization of $224.81 million and $5.94 million worth of Moonbeam was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 0.7% higher against the dollar and now trades at $34.32 or 0.00052528 BTC.
• NEAR Protocol (NEAR) traded up 3.6% against the dollar and now trades at $8.06 or 0.00012338 BTC.
• Internet Computer (ICP) traded 3% lower against the dollar and now trades at $12.13 or 0.00018563 BTC.
• Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.11 or 0.00000169 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $8.48 or 0.00012976 BTC.
• Cronos (CRO) traded down 0.4% against the dollar and now trades at $0.12 or 0.00000190 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $2.22 or 0.00003394 BTC.
• Algorand (ALGO) traded 4.6% lower against the dollar and now trades at $0.17 or 0.00000265 BTC.
• Akash Network (AKT) traded 5.7% higher against the dollar and now trades at $5.80 or 0.00008928 BTC.
• Kava (KAVA) traded 0.7% higher against the dollar and now trades at $0.66 or 0.00001006 BTC.

Moonbeam Profile

Moonbeam (CRYPTO:GLMR) uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,118,951,493 coins and its circulating supply is 863,551,822 coins. 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. Moonbeam’s official message board is medium.com/moonbeam-network. Moonbeam’s official website 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 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 Gemini, Coinbase 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