GLMR
Moonbeam
GLMR
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Moonbeam price

$0.06682
-- (--)
USD
Last updated on --.

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About Moonbeam

Moonbeam (GLMR) is a cryptocurrency that powers a unique blockchain designed to make decentralized applications (dApps) more accessible. Built as part of the Polkadot ecosystem, Moonbeam simplifies blockchain development by supporting popular programming tools, making it easier for developers to create and users to interact with dApps. GLMR is used for transactions, staking to secure the network, and participating in governance decisions. With strong growth in gaming and decentralized finance (DeFi) applications, Moonbeam offers a user-friendly gateway into the world of blockchain technology. Its focus on compatibility and ease of use makes GLMR a practical choice for newcomers exploring the crypto space.
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Moonbeam’s recent prices

Past year
-55.22%
$0.15
3 months
-23.53%
$0.09
30 days
-11.86%
$0.08
7 days
-2.47%
$0.07

Moonbeam performance

$0.06682

Moonbeam price today

Moonbeam price today is $0.06682, marking a -0.67% over the past 24 hours. On OKX, today’s Moonbeam trading volume reached 744,194, worth over $49.73K.

$0.06682

Moonbeam in USD

The current Moonbeam to USD conversion rate is $0.06682 per Moonbeam.
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Learn more about Moonbeam (GLMR)

What's Moonbeam?

Moonbeam is a smart contract platform on the Polkadot network designed to provide Ethereum-compatible blockchain services. It aims to solve interoperability issues by allowing developers to deploy existing Ethereum dApps with minimal changes. Moonbeam's primary use cases include decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and other decentralized applications (dApps) that benefit from cross-chain functionality.

How does Moonbeam work?

Moonbeam operates on the Polkadot network, utilizing its shared security and interoperability features. It employs a proof-of-stake consensus mechanism, specifically the Nominated Proof-of-Stake (NPoS) used by Polkadot. This allows Moonbeam to offer Ethereum-compatible smart contracts while benefiting from Polkadot's scalability and security. Notable features include cross-chain integration and compatibility with Ethereum tools like MetaMask and Truffle.

What's the total supply of Moonbeam?

Moonbeam has a total supply of 1 billion GLMR tokens. The circulating supply varies as tokens are distributed through staking rewards and other mechanisms. Moonbeam's tokenomics include inflationary aspects, with new tokens minted to reward network participants. There are no significant token burning mechanisms, focusing instead on incentivizing network security and participation.

What determines Moonbeam's price?

The price of Moonbeam is influenced by its utility and demand within the Polkadot ecosystem, as well as its ability to attract developers and users. Network usage, such as the deployment of dApps, can drive demand. Market sentiment, regulatory changes, and competition from other smart contract platforms also play roles in price fluctuations. Availability on exchanges like OKX can impact liquidity and accessibility.

Pros and cons of Moonbeam

Pros: - Ethereum compatibility allows easy dApp migration. - Benefits from Polkadot's security and scalability. - Supports cross-chain functionality. Cons: - Dependent on Polkadot's network health. - Competition from other Ethereum-compatible platforms. - Regulatory changes may impact operations.

How do I store my Moonbeam?

Users can acquire Moonbeam tokens (GLMR) through exchanges like OKX. They can be used for transaction fees, staking, and governance within the Moonbeam network. Tokens should be stored in compatible wallets, ensuring private keys are secure. Always be cautious of phishing attempts. Availability may vary by jurisdiction, so check local regulations before engaging with Moonbeam.

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Moonbeam FAQ

Moonbeam can offer strong returns, but is also subject to market volatility. Whether it’s a good investment depends on your risk tolerance, goals, and market conditions. Moonbeam’s price can be influenced by various factors such as adoption, regulation, technological advancement, and overall market sentiment. Always do your own research before buying Moonbeam and never buy more than you can afford to lose. This content is for informational purposes only and isn’t financial advice.
To buy Moonbeam at a low price, monitor the market closely and use tools like price alerts and technical indicators to keep you updated on price trends. Always do your own research and use secure platforms. This content is for informational purposes only and isn’t financial advice.
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Moonbeam GLMR safely on a trusted exchange like OKX.
Currently, one Moonbeam is worth $0.06682. For answers and insight into Moonbeam's price action, you're in the right place. Explore the latest Moonbeam charts and trade responsibly with OKX.
To read this Moonbeam price chart, hover over or click on the time period you want to view. Hover over the chart to view the corresponding price, displayed in your local currency.
Yes, Moonbeam’s price is updated in real-time on our Moonbeam price page. You can view the current price and historical price data here at all times.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Moonbeam GLMR. Refer here for a more detailed guide.
Staking and earning rewards with Moonbeam are subject to local restrictions. Log in or sign up to view products available in your country, region, or state of residence.

Moonbeam is the first completely functional parachain on the Polkadot network that streamlines multi-chain development for blockchain projects. GLMR is Moonbeam's native ERC-20 token.

GLMR provides a highly scalable chain where developers can build projects at faster speeds and lower costs. In addition, as Moonbeam is Ethereum-compatible, ETH projects can be easily deployed or migrated to it.

Easily buy GLMR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include GLMR/USDT.

You can also swap your existing cryptocurrencies, including XRP (XRP), Bitcoin (BTC), Solana (SOL), and Chainlink (LINK), for GLMR with zero fees and no price slippage by using OKX Convert.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$72.92M
Circulating supply
1.09B / 1.19B
All-time high
$19.5
24h volume
$49.73K
Rating
2.4 / 5
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