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Glimmer Price

(GLMR)

$0.00895
0.00%(5m)

1m5m15m1h8h1d1W
Glimmer (GLMR) Live Price Chart

    Glimmer Live Price Data

    The live price of Glimmer is 0.00895, with a total trading volume of 980711.2 in the last 24 hours. The price of Glimmer changed by +1.12% in the past day, and its value has increased by +2.28% over the last week. With a circulating supply of 1.19B GLMR, the market cap of Glimmer is currently 10718241.20997410256178393600 , marking a +1.12% increase today. Glimmer currently ranks #937 in market cap.

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    Note: This data is for reference only.
    pk

    GLMR(GLMR) Profile

    altRank937
    rate--
    Expand
    $0.00872
    $0.00909

    ATH
    $29.84100458
    Price Change (1h)
    -0.88%
    Price Change (24h)
    +1.12%
    Price Change (7d)
    +2.28%
    Market Cap
    24h Volume
    Circulating Supply
    1.19B
    Max Supply
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    About Glimmer

    • What is Moonbeam’s Glimmer (GLMR) Crypto?

      Moonbeam is a Layer 1, Ethereum-compatible ecosystem running on Polkadot. The Moonbeam platform provides not just an EVM implementation, replete with Web3 functionality similar to that of Ethereum but also several additional features, including on-chain governance, staking, and cross-chain capabilities.

      Moonbeam allows developers to deploy Ethereum’s Solidity and Vyper-based smart contracts on the Polkadot environment seamlessly, allowing Ethereum-based dApps to extend into the cross-chain ecosystem. As Moonbeam mirrors Ethereum's Web3 RPC accounts, developers can also connect existing tools and dApp front-ends from Ethereum via Moonbeam.

      The Moonbeam network exists as a highly specialized parachain within Polkadot’s interconnected network. What it offers is an ecosystem that can support multiple leading digital assets - from GLMR and DOT to bridged assets like Bitcoin and even Ethereum’s ERC-20 tokens. Where Moonbeam truly shines is in taking the base Ethereum feature set and adding benefits of improved scalability and far lower gas fees.

      Glimmer (GLMR) is the native digital asset of the platform and is often referred to as Moonbeam crypto or token. It serves as the utility token of Moonbeam, which is deployed as a relay chain on Polkadot, and on Moonriver, a relay chain of Polkadot’s sister network Kusama.

    • How Does Moonbeam Work?

      Moonbeam is a Polkadot parachain that supports Ethereum-based existing Solidity smart contracts as well as cross-chain integrations. It operates as a parachain connected to Polkadot’s relay chain, supporting 64 collators.

      Infrastructure providers on the Moonbeam network offer API endpoints to projects and their developers that can connect to its platform. In addition, the platform also supports projects that wish to operate their own nodes to build and sustain private endpoints within Moonbeam.

      Even though Moonbeam platform extends an ecosystem similar to that of Ethereum, thanks to its EVM compatibility and Web3 API, there are key differences that offer a better experience on its ecosystem. Unlike Ethereum’s Proof-of-Work consensus, Moonbeam leverages a Delegated Proof-of-Stake consensus mechanism for deterministic finality.

      The DPoS consensus algorithm empowers its decentralized node infrastructure with the feature to support collators by delegating their stake toward governance and validating transactions. In return for their efforts in improving the network resilience and security, the delegators are entitled to receiving rewards in the associated token, GLMR.

    • History of Moonbeam and GLMR

      Moonbeam started its journey as a Polkadot parachain on 17 December 2021. Development on the project itself traces all the way back to January 2020 when it first began.

      In July 2020, the Moonbeam team of developers received a grant from the Web3 Foundation to work on Substrate-based environment and Ethereum compatibility. The Alpha TestNet of Moonbeam was launched shortly thereafter, in September 2020.

      A month later, the developers added publish-subscribe capabilities to the Moonbeam chain. In November that year, the account structure of Moonbeam was modified to match that on Ethereum.

      The Moonriver launch started in June 2021 and was accomplished by August 2021, where Moonbeam’s technology was deployed on Polkadot’s sister chain Kusama for further testing and improvement. Following this, Moonbeam EVM implementation was launched on the main Polkadot network with the launch having successfully completed by January 2022.

    FAQ

    • How much is 1 Glimmer (GLMR) worth?

    • Are Moonbeam and Glimmer the Same?

    • Is Moonbeam GLMR a Good Investment?

    • What is Glimmer (GLMR) Used for?

    • How to Stake Moonbeam (GLMR)

    • What is the all-time high price of Glimmer (GLMR)?

    • What is the all-time low price of Glimmer (GLMR)?

    • How much Glimmer (GLMR) is there in circulation?

    • How do I store Glimmer (GLMR)?