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Moonriver Price

(MOVR)

USD($)

$1.13
0.00%(5m)

1m5m15m1h8h1d1W
Moonriver (MOVR) Live Price Chart

    Moonriver Live Price Data

    Moonriver is currently trading at $ 1.13, with a 24-hour trading volume of $ 13,096. Over the past hour, the price of Moonriver changed by -1.7%, and over the past week, its value in USD dropped by -1.44%. The circulating supply of Moonriver is 12,488,232 MOVR, with a market cap of 14.23M USD, down -1.7% in the last 24 hours. Moonriver is ranked #758 by market cap.

    How do you feel about MOVR today?

    Note: This data is for reference only.
    pk

    MOVR(MOVR) Profile

    altRank758
    rate--
    Expand
    $1.13
    $1.18
    ATH
    $495.36
    Price Change (1h)
    +0.48%
    Price Change (24h)
    -1.70%
    Price Change (7d)
    -1.44%
    Market Cap
    24h Volume
    Circulating Supply
    12,488,232
    Max Supply
    10,940,950

    About Moonriver

    • What is Moonriver (MOVR)?

      Moonriver is a community-led parachain with support for Solidity smart contracts running on Kusama, Polkadot’s sister chain. It is a companion network to decentralized smart contract platform Moonbeam, which runs on the Polkadot network as a parachain.

      The Moonriver ecosystem provides a convenient platform for smart contract execution and decentralized applications (dApps) developed on Solidity to be deployed on Kusama for testing and verifying under actual economic conditions. Once the developers are satisfied with how their dApps operate, they can migrate them easily to Moonbeam on Polkadot.

      Moonriver offers a test environment for developers seeking the versatility of Ethereum for development but with the added efficiencies of the Polkadot ecosystem. They can create dApps using Solidity - the most popular programming language for smart contracts and Ethereum-based dApps.

      They can then deploy these dApps on Kusama’s parachain Moonriver and test them out, modifying the code until all issues are resolved. Once the dApp is ready for launch, they can migrate the dApp from Moonriver to the Moonbeam parachain on Polkadot.

      MOVR is the native cryptocurrency of Moonriver and serves as the utility token of the network. It is used for paying transaction fees when executing smart contracts and communicating with dApps, incentivizes validators, and enables the network's on-chain governance mechanism.

    • What Does Moonriver Do?

      Moonriver provides a test environment for dApp developers who wish to deploy their projects on the highly scalable Polkadot network but wish to work out all the kinks before their release. Developers can deploy existing Solidity smart contracts and Vyper-based smart contracts on the Moonriver Network to test them under real-world economic conditions before deploying them with minimal changes on Polkadot’s parachain, Moonbeam.

      Moonriver is the companion network to Moonbeam and operates on Polkadot’s permanently incentivized canary network Kusama. With Moonriver, developers now have access to hasten their launch and access to the more scalable Polkadot network. They also have a way to ensure that their projects are designed to be robust and optimize performance through rigorous testing.

      The community-led experiment runs as a parachain connected to the Kusama relay chain and has 64 active collators. Infrastructure providers offer API endpoints on Moonriver to connect to their own networks. dApp projects that run their own nodes on Moonriver can also enjoy access to private endpoints on the network.

      The Moonriver Network supports two public endpoints that users can connect to, one for HTTPS and another for WSS. It uses a delegated proof of stake (DPoS) consensus mechanism for block production and validation of transactions.

    • History of Moonriver and MOVR Token

      Moonriver first launched as a parachain on the Kusama canary network in June 2021. The launch resulted from the project winning a slot in the parachain auction.

      The Moonriver team raised around $45 million in KSM from around 6,000 contributors to win a slot in the auction. In August 2021, the full launch of Moonriver was accomplished.

      This update enabled balance transfers and EVM-compatible smart contract support, allowing collators to stake tokens. In addition, following the full launch, dApps could be deployed on the network. Moonriver could also start supporting token transfers after this stage.

      Moonriver also started distributing rewards to early investors in the project who helped with the fundraising efforts and made it possible for the project to place a bid in Kusama’s parachain auction. Over time, the network started supporting cross-chain communication and inoperability with other blockchain ecosystems. In June 2022, Moonriver integrated Chainlink Price Feeds to supply off-chain data accurately to its ecosystem.

    FAQ

    How much is 1 Moonriver (MOVR) worth?
    KuCoin provides real-time USD price updates for Moonriver (MOVR). Moonriver price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MOVR to USD exchange rates.
    Is Moonriver (MOVR) a Good Investment?

    Although it is impossible to offer an accurate Moonriver price prediction, the project’s strong fundamentals indicate that it could be an excellent digital asset to invest in. As the test environment for Ethereum-based dApps that seek the efficiencies of the Polkadot ecosystem, rising platform adoption could raise the Moonriver price in the future.

    As Ethereum faces more challenges due to network congestion, high gas fees, or limitations in scalability, developers could look for alternative blockchains to migrate to, including Polkadot. A higher migration rate from Ethereum to Polkadot via testing on Moonriver could support the MOVR price and send it upwards.

    In addition to increasing interest in the Polkadot network among dApp developers and users, the MOVR price statistics could also benefit from a positive market sentiment towards cryptocurrencies. As the price of leading cryptos like Bitcoin and Ethereum head higher, investor confidence is boosted, and more traders will look to buy altcoins across the market, including MOVR.

    Looking at the MOVR price history, the Moonriver price could also enjoy strong support from an uptick in the Web 3.0 revolution. The development and rollout of more decentralized applications could spur the demand for scalable and efficient ecosystems like Polkadot and increase attention on the Moonriver project. Such a sentiment could also drive uptrends in the MOVR price.

    What is MOVR Token Used For?

    The MOVR token is the native digital asset of the Moonriver Network and has several applications, including:

    Utility Token

    MOVR is used to pay transaction fees within the Moonriver ecosystem. Users who execute smart contracts or interact with dApps have to pay gas fees using MOVR tokens.

    Staking and Incentives

    As a DPoS network, Moonriver lets users stake or delegate their stake of MOVR crypto to contribute to validating transactions, creating new blocks, and helping secure the network. These collators, as the validator nodes are called, can then receive rewards in MOVR for their efforts.

    Fund New Projects and Drive Adoption

    20% of transaction fees are allocated to Moonriver’s on-chain treasury. These funds can then be distributed via on-chain governance by the Moonriver community among projects and initiatives that can power the adoption of the ecosystem.

    Crypto Asset to Trade and HODL

    The MOVR token is listed for trading on several top crypto exchanges and platforms. You can buy or sell Moonriver against other crypto assets or stablecoins or hold long-term if you believe in the project’s future potential. Review the current Moonriver price, MOVR market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the MOVR price chart before you trade Moonriver in the market.

    Earn Passive Income

    KuCoin offers a convenient way to grow your crypto holdings by investing in MOVR. On our platform, you can use the Crypto Lending option to lend liquidity for MOVR. This is a far and risk-free way to put your crypto to work and generate passive income.

    How to Add Moonriver to MetaMask

    MetaMask is one of crypto investors’ most popular DeFi wallets worldwide. Here’s how you can connect Moonriver to MetaMask and use the wallet to store and manage your MOVR tokens:

    1. Create an account on MetaMask if you don’t already have one.

    2. Click on the Add Network option after configuring your wallet and setting it up.

    3. Enter the following details to set up Moonriver on MetaMask manually:

    Network Name: Moonriver

    Network URL: https://rpc.api.moonriver.moonbeam.network

    Chain ID: 1285

    Currency Symbol: MOVR

    Block Explorer URL: https://moonriver.moonscan.io

    4. Click Save after entering the details and verifying them. This will add Moonriver to MetaMask so you can store MOVR in your wallet.

    How to Bridge to Moonriver

    You can bridge tokens from other blockchains like Ethereum to the Moonriver ecosystem using several DeFi bridges. Let’s take a look at how to use one such bridge, Meter:

    1. Open the Meter Passport app and connect your wallet to the platform.

    2. After successfully connecting the wallet, you use the option to move assets across networks. Select the Moonriver Mainnet as the “To” network.

    3. In the From section, select the network where you wish to transfer digital assets to the MoonRiver Network. Supported networks include Avalanche, Meter, Binance Smart Chain (BSC), Theta, Polis, Moonbeam, and Polygon.

    4. Review all the information and click on “Start Transfer.” Confirm the transaction via your connected wallet.

    How to Stake Moonriver (MOVR)

    Staking allows you to generate passive income from holding cryptocurrencies and is a great strategy to grow your crypto portfolio, especially as a HODLer. Follow the steps given below to start staking MOVR:

    1. Open the Moonbeam app and connect your wallet to it.

    2. Ensure that your wallet is funded with sufficient MOVR crypto. You can buy Moonriver on KuCoin or other supported platforms and withdraw them to your wallet.

    3. If you are using the MetaMask wallet, ensure that Moonriver is already configured as a network within your wallet before you transfer your MOVR funds into it and start staking.

    4. Change your MetaMask network to Moonriver if it is set to another blockchain in your wallet.

    5. Head to the Moonriver tab in the Moonbeam app.

    6. Head to the Staking Delegations box at the bottom of the page to delegate your MOVR tokens to an existing collator on the network. Select the Manage delegations option here.

    7. Click on the Select a collator option in the Delegate button and enter the number of MOVR you wish to delegate. Click on the Delegate button to confirm the transaction.

    8. Sit back and earn rewards on your delegated stake of Moonriver tokens.

    What is the all-time high price of Moonriver (MOVR)?

    The all-time high price of Moonriver (MOVR) is $495.36. The current price of MOVR is down 99.77% from its all-time high.

    What is the all-time low price of Moonriver (MOVR)?

    The all-time low price of Moonriver (MOVR) is $1.03. The current price of MOVR is up 10.12% from its all-time low.

    How much Moonriver (MOVR) is there in circulation?

    As of 8 8, 2026, there is currently 12,488,232 MOVR in circulation. MOVR has a maximum supply of 10,940,950.

    How do I store Moonriver (MOVR)?

    You can securely store your Moonriver in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MOVR include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.