Binance Lists Moonbeam (GLMR)
The Moonbeam (GLMR) project based on Polkadot has significantly risen in price after the announcement of the listing of the cryptocurrency by the Binance exchange.
This platform is a Polkadot parachain and is compatible with EVM (ETH blockchain virtual machine). Users are offered staking, DAO and cross-network integration.
The project was successfully launched thanks to the Moonbeam Foundation's crowdfunding fundraiser. Thanks to the initiative of the members of this organization, over 200 thousand people from all over the world contributed about 35 million DOT tokens (equivalent to $ 944 million) at the end of the crowdsale.
The project was listed on the most popular stock exchange in the world a day ago. The cost of tokens at the start was $ 10.57. Then, during the day, the token rose by 84.4% (reached $ 19.50), after which the GLMR correction to $ 15 followed. This is 40% more than the amount at the start of the listing.
The GLMR token, according to the Binance blog, will be traded in BTC, BUSD, USDT trading pairs.
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