Moonbeam (GLMR) Price Hits $0.39 on Major Exchanges

Moonbeam (GLMR) traded 2% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on December 8th. Moonbeam has a market capitalization of $356.33 million and $20.85 million worth of Moonbeam was traded on exchanges in the last day. During the last seven days, Moonbeam has traded 19.5% higher against the U.S. dollar. One Moonbeam coin can now be purchased for $0.39 or 0.00000384 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 0.4% against the dollar and now trades at $51.81 or 0.00051671 BTC.
• Hedera (HBAR) traded 2.9% lower against the dollar and now trades at $0.33 or 0.00000328 BTC.
• NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $7.67 or 0.00007650 BTC.
• Internet Computer (ICP) traded 3.4% lower against the dollar and now trades at $14.49 or 0.00014456 BTC.
• Cronos (CRO) traded 0.5% lower against the dollar and now trades at $0.20 or 0.00000200 BTC.
• Fetch.ai (FET) traded 1.9% lower against the dollar and now trades at $2.06 or 0.00002056 BTC.
• Algorand (ALGO) traded up 1.7% against the dollar and now trades at $0.50 or 0.00000495 BTC.
• Cosmos (ATOM) traded up 0.1% against the dollar and now trades at $10.29 or 0.00010261 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $4.60 or 0.00004590 BTC.
• Kava (KAVA) traded 1% lower against the dollar and now trades at $0.71 or 0.00000704 BTC.

About Moonbeam

GLMR uses the hashing algorithm. Its launch date was August 19th, 2021. Moonbeam’s total supply is 1,149,181,200 coins and its circulating supply is 924,412,710 coins. Moonbeam’s official Twitter account is @moonbeamnetwork and its Facebook page is accessible here. Moonbeam’s official website 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 Gemini, GDAX or Changelly. 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