Moonbeam Price Down 20.7% Over Last Week (GLMR)

Moonbeam (GLMR) traded down 7.1% against the US dollar during the 1 day period ending at 11:00 AM Eastern on April 7th. In the last seven days, Moonbeam has traded 20.7% lower against the US dollar. Moonbeam has a total market cap of $57.11 million and approximately $44.18 million worth of Moonbeam was traded on exchanges in the last 24 hours. One Moonbeam coin can now be purchased for approximately $0.0589 or 0.00000075 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Cronos (CRO) traded down 7.1% against the dollar and now trades at $0.0827 or 0.00000105 BTC.
• Avalanche (AVAX) traded 3.6% lower against the dollar and now trades at $16.48 or 0.00020869 BTC.
• Hedera (HBAR) traded down 6.3% against the dollar and now trades at $0.15 or 0.00000184 BTC.
• NEAR Protocol (NEAR) traded 8.7% lower against the dollar and now trades at $2.14 or 0.00002704 BTC.
• Internet Computer (ICP) traded 6.2% lower against the dollar and now trades at $4.62 or 0.00005851 BTC.
• Cosmos (ATOM) traded down 5.9% against the dollar and now trades at $4.44 or 0.00005622 BTC.
• Algorand (ALGO) traded 4.7% lower against the dollar and now trades at $0.17 or 0.00000213 BTC.
• Fetch.ai (FET) traded 4.7% lower against the dollar and now trades at $0.39 or 0.00000492 BTC.
• Kava (KAVA) traded 5.5% higher against the dollar and now trades at $0.42 or 0.00000537 BTC.
• Akash Network (AKT) traded down 9.1% against the dollar and now trades at $0.96 or 0.00001224 BTC.

Moonbeam Coin Profile

Moonbeam (CRYPTO:GLMR) uses the hashing algorithm. Its genesis date was August 19th, 2021. Moonbeam’s total supply is 1,167,390,459 coins and its circulating supply is 968,767,591 coins. The official message board for Moonbeam is medium.com/moonbeam-network. Moonbeam’s official website is 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.

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 currently 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Moonbeam using one of the exchanges listed above.

GLMR/USD price chart by TradingView