Moonbeam Network (GLMR)
1. Fundamental Analysis
1.1 Introduce
Glimmer (GLMR) is the utility token of the Moonbeam Network, Moonbeam s primary deployment on the Polkadot network that serves as a developer-friendly parachain.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | GLMR | Market Cap | 230976534.5 |
| Name | Moonbeam Network | White Paper | -- |
| Web Site | https://moonbeam.network | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://blockscout.moonbeam.network/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | 2022-01-11 |
| Available Supply | 932485000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart indicates a bearish trend with a potential reversal. Volume is decreasing, suggesting a lack of conviction in the bearish move. The price has broken below a key support level but has not yet confirmed a sustained downward trend. There is a possibility of a bullish reversal in the near term.