A highly anticipated project Polkadot-Base lights up the night sky after crypto exchange Binance announced plans to list the token.
Moonbeam (GLMR) is a smart contract platform that works with the Ethereum Virtual Machine (EVM), which is called PolkadotParachain acts. The project goes beyond Ethereum’s basic functionality by also offering staking, on-chain governance and cross-chain integrations.
The project highlighted its start in a series of tweets.
“Moonbeam is the first fully functional parachain on Polkadot.
The successful launch of Moonbeam follows a widely supported crowdloan campaign hosted by the Moonbeam Foundation! Over 35 million DOT tokens (~ $ 944 million at the time the crowdloan ended) were donated by 200,000 donors worldwide. “
The freshly minted altcoin was released yesterday at a price of $ 10.57, then rose 84.4% to a high of $ 19.50.
Moonbeam has since corrected and is currently trading at $ 13.47, an overall gain of 27.4% since its initial listing.
Polkadot (DOT) is the # 9 crypto asset after Market capitalization and is valued at $ 25.72. The interoperability project recently introduced its parachain function.
Source: Crypto News Deutsch