This is a price prediction article about Moonbeam (GLMR), the cryptocurrency which is gaining a lot of popularity these days.
There will be many questions in your mind regarding GLMR like Is it a good investment? What is the future of GLMR? And Can it make you rich? Don’t worry after reading this article you will have answers to such questions.
What is Moonbeam?
Moonbeam is a parachain on Polkadot Network, strives to provide compatibility with existing Ethereum developer toolchains and networks.
Moonbeam acts as a bridge between two of the most popular blockchains, Ethereum and Polkadot, allowing developers to work with both.
Moonbeam provides Web 3.0-compatible application programming interface (API) and full Ethereum Virtual Machine (EVM) implementation.
Moonbeam is the only Parachain on the Polkadot ecosystem that has full Ethereum compatibility. It extends Ethereum’s capabilities by adding features such as on-chain governance, staking, and cross-chain integration.
Moonbeam Network was launched in January 2020 by Derek Yu, who previously founded PureStake.
What is Glimmer (GLMR)?
Glimmer (GLMR) is a native utility token of the Moonbeam network. The Moonbeam decentralized smart contract platform requires the GLMR token to function.
Glimmer Tokens can be used to pay transaction fees, participate in governance, earn rewards by providing liquidity, and staking.
The current circulating supply of Moonbeam Glimmer is 76 million coins and the maximum supply is 100 billion coins.
Where to Buy Moonbeam (GLMR)?
Moonbeam (GLMR) is available on various cryptocurrency exchanges. Some of the popular exchanges where Moonbeam (GLMR) is listed are Binance, Kraken, Gate.io, and KuCoin.
We recommend that you should only buy cryptocurrency from popular crypto exchanges, as they are usually more secure and offer good services. Buying cryptocurrencies from any exchange can land you in a scam.
How to buy Moonbeam (GLMR)?
The process of buying Glimmer (GLMR) is very simple.
Follow these steps to buy GLMR:
Step 1: Find the best cryptocurrency exchange where Glimmer (GLMR) is listed. To find out where GLMR is listed, visit the CoinMarketCap website, on CoinMarketCap you will find exchanges where GLMR is currently listed.
Step 2: Create an account on a cryptocurrency exchange.
Step 3: Verify your account on an exchange by providing your information like name, date of birth, country of residence, phone number, etc.
Step 4: Deposit Funds into your Account.
Step 5: Search for GLMR and make your purchase.
Step 6: (Optional) Find the best crypto wallet to store your GLMR coins, although usually, most cryptocurrency exchanges hold your coins for you.
What Does the Market Say?
Digital Coin
According to Digital Coin, the price of Moonbeam (GLMR) will be $16.39 in 2022, $18.73 in 2023,
$20.87 in 2024,
$26.38 in 2025,
$23.87 in 2026,
$34.36 in 2027,
$45.24 in 2028, and $51.68 in 2029.
According to Digital Coin Prediction, the price of GLMR will fluctuate a lot every month till the year 2029.
PricePrediction.net
According to the prediction of PricePrediction.net, the average price of Moonbeam (GLMR) wil be $14.44 in 2022,
$20.58 in 2023,
$30.78 in 2024,
$46.04 in 2025,
$66.90 in 2026,
$94.41 in 2027,
$137.17 in 2028,
$195.48 in 2029,
$273.19 in 2030, and $408.66 in 2031.
According to PricePrediction.net, the price of GLMR will increase continuously till the year 2031.
CoinArbitrageBot
According to this website, the price of GLMR will be $11.9025 in 2022,
$22.1470 in 2023,
$35.8338 in 2024,
and $57.9791 in 2025.
CoinArbitrageBot says that the price of Moonbeam (GLMR) will increase continuously till the year 2025.
Our Prediction About Moonbeam (GLMR)
Moonbeam (GLMR) Price Prediction 2022 – 2026
The Moonbeam (GLMR) can reach $14 by mid-2022 and 14.8 by the end of 2022.
The Price of GLMR can trade between $14 and $16 in 2023. The GLMR can be valued at $17.5 by the end of 2024.
Our analysis predicts that the price of GLMR may exceed $19 in 2025 and the price will cross the $20 mark in 2026.
Moonbeam (GLMR) Price Prediction 2027 – 2030
The price of GLMR can be $22 by the end of 2027. Glimmer will keep growing, the coin can trade between $22 and $24.5 in 2028.
We believe that the price of GLMR can go high to $27 in 2029 and can cross $30 by the end of 2030.
Is Moonbeam (GLMR) a Good Investment?
The price of the GLMR token will increase over time so you can say that it is a good investment right now.
There is no indication that the GLMR price will go down but the cryptocurrency market is highly volatile, the prices of cryptocurrency fluctuate a lot.
You should invest wisely in any cryptocurrency, never invest money that you cannot afford to lose.
FAQ About Moonbeam (GLMR)
Can Moonbeam (GLMR) reach $30?
The price of Glimmer will increase over time, we believe that the price of GLMR can reach $30 by the year 2030.
Can Moonbeam (GLMR) reach $50?
Many websites say Moonbeam (GLMR) will reach $50 soon, but we don’t think the price of GLMR will reach $50 before 2030.
On how many exchanges Moonbeam (GLMR) is listed?
Currently, the Moonbeam (GLMR) coin is listed on more than 10 cryptocurrency exchanges, it will be listed on more exchanges over time.
You can check on which exchanges GLMR is listed, by visiting websites like CoinMarketCap and CoinGecko.
Is Moonbeam (GLMR) available on Binance?
Moonbeam (GLMR) is available on exchanges like Binance, Kraken, Gate.io, KuCoin, CoinDCX, etc.
Is Moonbeam (GLMR) available on Coinbase?
Moonbeam (GLMR) is currently not available on Coinbase.
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[Disclaimer: The content of this article is not intended as financial advice, and should not be construed as such. Neither readaboutcrypto.com nor the author is responsible for any investment decision made by any reader.]