Moonbeam Price Today (Official) | Live GLMR Price Chart in USD | CryptoRank.io
Currencies
13344
Market Cap
$ 2.10T
+0.19%
24h Spot Volume
$ 39.46B
-5.99%
BTC Dominance
37.76%
-0.06%
ETH Gas
98 Gwei

Moonbeam [GLMR]

 
On 87 watchlists
Rank: 118
Coin
USD 10.51
19.04
BTC 0.000251
18.60
ETH 0.00336
18.33

Glimmer is a token of the Moonbeam Network, Ethereum-compatible smart contracts platform on a Polkadot parachain.

Moonbeam Market Cap

$ 810,805,130 
Ƀ 19,333
FDMC: $ 10,550,480,547 
ATH: $ 1,980,187,832 

24h Trade Volume

$ 166,825,059 
Ƀ 3,978
GLMR 15,878,811

Supply

Circulating:
GLMR 77,174,383(7.69%)
Total:
GLMR 1,004,220,122

All-Time-High (ATH) Price

$ 25.66 (11 Jan 2022)
Ƀ 0.000619 (11 Jan 2022)
ETH 0.00828 (11 Jan 2022)
From ATH: -59.1%
To ATH: +144.2%

Moonbeam's current price is $ 10.51, it has increased +19% over the past 24 hours.

Moonbeam's All Time High (ATH) of $ 25.66 was reached on 11 Jan 2022, and is currently -59.1% down.

The maximum supply of Moonbeam that will ever be issued is 1.00 Billion coins, and the current supply of GLMR in circulation is 77.17 Millions coins.

Moonbeam’s 24 hour trading volume is $ 166.83 Millions.

Moonbeam (GLMR) operates on its own blockchain.

Moonbeam's current share of the entire cryptocurrency market is 0.04%, with a market capitalization of $ 810.81 Millions.

Moonbeam Live Chart

Moonbeam price Index provides the latest GLMR price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Moonbeam to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

GLMR to USD Converter

GLMR

Moonbeam Quarterly Returns ($)

YearQ1Q2Q3Q4
2022-39.1%

Moonbeam Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022

Moonbeam Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022-39.1%

Moonbeam USD (GLMR - USD) Price Change

PeriodChangeChange (%)HighLow
24H$ 1.68+19%$ 10.97$ 8.56
7D$ 1.75+20%$ 15.72$ 8.56

Moonbeam Annual Price

YearUSDHighLow
2022-39.1%$ 25.66$ 8.49

What is Moonbeam

The primary deployment of Moonbeam will be on the Polkadot network, with an associated token called Glimmer (GLMR). As the Moonbeam network is still under development, the information on this page may change before the public launch of the network.

Glimmer Token Utility

As a decentralized smart contract platform, Moonbeam requires the Glimmer token to function. This token is central to the design of Moonbeam and cannot be removed without sacrificing essential functionality. Some of the uses of the Glimmer token on Moonbeam include:

  • Supporting the gas metering of smart contract execution
  • Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
  • Facilitating the on-chain governance mechanism including proposing referenda, electing council members, voting, etc
  • Paying for transaction fees on the network

Inflation and Fee Model

Moonbeam targets a 5% annual inflation rate and, as such, has an uncapped token supply.

The purpose of inflation in Moonbeam is to pay for ongoing security needs of the network. The primary security budget items are to pay for a parachain slot on an ongoing basis, and to incentivize collators to provide collation (block production) services to support the Moonbeam network. Of the 5% inflation, 1% will go towards incentivizing collators and 1.5% will go to the parachain bond reserve to accumulate on chain funds to pay for a parachain slot in perpetuity. The remaining 2.5% will go to users that stake their GLMR tokens and help power the collator selection process.

Fees on Moonbeam related to transactions and smart contract execution will be handled in two ways. 80% of the spent fees will be burned, which acts as a deflationary force and accrues value to existing GLMR holders based on increased utilization of the network. 20% of the spent fees will go to the on chain treasury which can be allocated via onchain governance to projects and initiatives which further adoption and engagement with the network.

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