$0.01689
-$0.00002(-0.17%)
Market Cap
$18.50M
24h High
$0.01728
24h Low
$0.01667
24h Turnover
$20.69K
Total Supply
1.22B
Market Sentiment
Neutral
Moonbeam Network (GLMR) Price Performance
Moonbeam Network (GLMR) is priced at $0.01689 today, with a market dominance of 0.00073%. Its price has changed by -0.17% over the past 24 hours, -1.85% over the past 7 days, +53.91% over the past 30 days, and -81.57% over the past year.
About Moonbeam Network (GLMR)
Moonbeam is an EVM compatible blockchain running as a parallel chain on the Polkadot network. Compatibility with EVM allows Ethereum based applications to be deployed on Moonbeam. The network provides developers with the functions of deploying Solidity smart contracts, Web3 compatible APIs, oracle machine data, and Ethernet bridge. GLMR is a functional and governance token of Moonbeam, with the following use cases: transaction fees: users can use GLMR to pay transaction fees and execute smart contracts. Mortgage: Users can mortgage GLMR to become validators or commission, participate in online consensus, and receive rewards from GLMR. Governance: GLMR token holders can nominate council members and participate in online voting. Liquidity mining: Provide liquidity for decentralized exchanges (DEX) established on the Moonbeam blockchain to earn some exchange fees. Moonbeam consists of the following main components: Polkadot: Polkadot aims to assist in cross chain communication and operational interoperability. Moonbeam is the Polkadot ecosystem version of Moonriver (MOVR) in the Kusama ecosystem. Parallel chain: Parallel chain is an independent blockchain (Shards) that can be connected to Polkadot. Crowdfunding loan: It is a method of raising funds for a parallel chain slot on the Polkadot network. Users temporarily lock their DOT in exchange for rewards from the project team, usually in the form of the project's native token. Slot Auction: To operate as a parallel chain project on Polkadot, one must win a slot in the parallel chain auction. Moonbeam won the spot for the second slot auction through crowdfunding, starting on December 17, 2021, for a period of 96 weeks. The project raised~36MM of DOT tokens from contributors of~200K in crowdfunding loans for Moonbeam parallel chain slot auctions.
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Moonbeam Network (GLMR) Basics & Market Insights
FAQ
What is Moonbeam Network ?
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How about the future and roadmap of Moonbeam Network ?
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Why is Moonbeam Network going up ?
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Why is Moonbeam Network dropping ?
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When will Moonbeam Network go up ?
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What's the current price of Moonbeam Network ?
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How many Moonbeam Network are there ?
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is Moonbeam Network mining profitable ?
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What is the Moonbeam Network launch date ?
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Is Moonbeam Network safe / legit ?
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What is glmr coin?
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What will GLMR crypto be worth in 2025?
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Does Moonbeam have a future?
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Is Moonbeam a good project?
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