Real-time MOVR price analysis
Moonriver’s current real-time price is $22.26and its trading volume is equal to US$9,576,072 in the last 24 hours. MOVR price has grew by
3.71%
on the last day and decreased by
1.61%
in the last 7 days. It is important to note that Moonriver’s current market capitalization is US$197,698,424Speaking of working resources, MOVR has 8 881 559 coins. Moonriver’s current market rating is #232.
Moon River price today
95.51%
below
always on top and that’s it
0.00%
below
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling IGAD are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Moonriver (MOVR)?
MOVR is Moonriver’s native token, which is parachain running on Kusama and focuses on employment Hardness based smart contracts. This is an additional network for moonbeam and it acts as a standing canary for testing incentive systems. If you want to see the current (or previous) price of MOVR, take a look at the Moonriver price chart above.
How it works? First, a code for a specific reward system is sent to Moonriver. It is then tested to see if it works in real economic conditions. If yes, then the code is used on the Moonbeam network.
However, please note that Moonriver is independent of Moonbeam. You can use it without it and have your own projects.
Also, Moonriver fully compatible with Ethereum protocols, tools and decentralized applications (dApps). Using Truffle, Hardhat and other well-known deployment tools, Ethereum projects can easily copy their dApps and publish them on Moonbeam.
Additionally, in order to run existing Solidity smart contracts without major changes, Moonriver emulates Ethereum accounts, keys, logs, etc.
Purpose of MOVR Tokens
MOVR is the utility token of the Moonriver network. Below are the main use cases for Moonriver crypto assets:
- Holders of MOVR token grants management rightswhich means that they can vote on various decisions regarding the development of the Moonriver network.
- MOVR tokens are used for pay a transaction fee.
- MOVR tokens are used to support implementation of a smart contract for gas metering.
- MOVR tokens are used for reward collators and support the creation of a decentralized node infrastructure.
Tokenomics of MOVR tokens
Initially, the total supply of MOVR coins was 10 million. However, no maximum delivery set, which means more tokens can be issued if necessary. The annual inflation rate for Moonriver coins is 5%.
The majority (40%) of the total was dedicated to community rewards and the Parachain slot reserve. The remainder was dedicated to parachain crowd lending, the parachain bond reserve, the treasury, the first users of the network, and the developer onboarding program.
You should definitely take a closer look at the Moonriver price chart mentioned earlier if you are planning on buying MOVR tokens. Why? Because it would be useful to analyze the major price changes of MOVR over time to decide whether it is a good investment or not.
What is Moonriver’s trading volume in the last 24 hours?
MOVR has trading volume US$9,576,072 in the last 24 hours.
What is the highest price in Moonriver?
MOVR has the highest price $495.71which was achieved at November 08, 2021 (2 years 3 months ago).
What is the lowest price in Moonriver?
MOVR has the lowest price $0.00which was achieved at August 27, 2021 (2 years 5 months ago).
Which exchanges are best for buying and selling MOVR?
Currently the most active and dominant exchanges for buying and selling Moonriver are Binance, Kraken & Kucoin. The most popular Moon River trading pairs MOVR/USDT
(on
Binance
),
MOVR/USDT
(on
Gate.io
),
MOVR/USDT
(on
Huobi Global
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing MOVR?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Moon River. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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