Moonriver
Current price
$1.36
−6.77%24h
LiveUpdated 30s ago
TodayMoonriver drops 6.8%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−2.64%
- 24 hours−6.77%
- 7 days−27.56%
- 30 days+75.84%
- 1 year−67.08%
Moonriver's move in context
Lagging the market today
−6.77% today against −3.26% for the market as a whole, a gap of 3.5 points. A gap this wide suggests something specific to Moonriver may be moving it, not just the market mood.
Trend has turned
−27.6% over 7 days and +75.8% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Moonriver
Overview
Moonriver is an Ethereum-compatible smart contract platform built on the Kusama network, designed to provide a seamless environment for developers to deploy decentralized applications (dApps). The core mission of Moonriver is to enable a fast, secure, and efficient layer where existing Ethereum-based projects can be integrated into the Substrate ecosystem, thus enjoying the benefits of speed and lower transaction costs while retaining compatibility with Ethereum's technologies. Distinguishing features include its full compatibility with the Ethereum Virtual Machine (EVM), enabling developers to leverage existing Ethereum tools and frameworks effortlessly, and its unique ability to facilitate cross-chain functionality with other networks that support the Substrate framework.
Technical Features
Moonriver utilizes a unique blend of technologies that contribute to its robustness as a blockchain platform. It employs a proof-of-stake (PoS) consensus mechanism, enhancing its security and enabling validators to confirm transactions efficiently. The network architecture is structured to support high scalability, thanks to its parachain setup within the Kusama ecosystem. This design facilitates interoperability with other blockchains, allowing for a seamless exchange of assets and data. Moonriver also features a bridged infrastructure that enables easy token swaps between Ethereum and Moonriver, enhancing its utility within both ecosystems. Additionally, the platform supports Solidity smart contracts, providing developers with a familiar development environment.
Use Cases
The primary use cases of Moonriver are rooted in its capabilities to support decentralized finance (DeFi) applications, NFT projects, and other dApps. Developers can create and deploy a variety of applications, ranging from decentralized exchanges (DEXs) to lending platforms, all benefiting from the speed and scalability of the Moonriver network. The platform also plays a crucial role in supporting NFTs, enabling the creation, transfer, and trading of non-fungible tokens. Furthermore, Moonriver's governance model allows token holders to participate in decision-making processes regarding future developments and upgrades, fostering community engagement and transparency.
Development Background
Moonriver was developed by the Moonbeam Foundation, which is led by a team of industry veterans focused on enabling user-friendly blockchain applications. Launched in 2021, Moonriver emerged as a key player within the rapidly evolving DeFi ecosystem by leveraging the growing popularity of the Kusama network. The project's launch was marked by notable events, including token sales and strategic partnerships, which facilitated its growth in a competitive market. The evolution of Moonriver has been characterized by an active development process, consistently rolling out new features and improvements based on community feedback.
Community and Ecosystem
The Moonriver ecosystem is vibrant and diverse, encompassing various projects and applications. A strong developer community actively contributes to the platform's growth, creating innovative solutions built on its infrastructure. Various partnerships with established projects and companies have further bolstered its ecosystem. Additionally, the platform has integrated with numerous DeFi applications, NFT marketplaces, and other decentralized solutions, fostering a collaborative environment that encourages cross-project interactions and user engagement.
Future Potential
Moonriver holds significant future potential due to its advanced technological framework and wide-ranging use cases. As the demand for Ethereum scalability solutions continues to rise, Moonriver is well-positioned to attract developers and dApps seeking lower fees and faster transaction times without sacrificing security. The ongoing development roadmap includes upcoming features like enhanced interoperability, improvements in the user experience, and expanded support for new types of dApps. With these advancements, Moonriver aims to solidify its status as a leading platform in the evolving landscape of blockchain technologies.
Moonriver market
- Position by market cap among the coins we track.
- #334
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $16.4M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $1.32High $1.47
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $494.26
- Now 0% of itReached 11 Sept 2021 · Needs +36,136% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 12.02M MOVR
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 12.59M MOVR
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Moonriver converter
1 Moonriver = $1.36
