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

NameValueNameValue
SymbolGLMRMarket Cap230976534.5
NameMoonbeam NetworkWhite Paper--
Web Sitehttps://moonbeam.networkIs ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://blockscout.moonbeam.network/Algorithm--
Forum--Proof--
Mining Total--
Supply--Release Date2022-01-11
Available Supply932485000

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.