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Moonriver

MOVR

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About Moonriver

Moonriver (MOVR) is a smart-contract parachain that is compatible with Ethereum and operates on the Kusama network. It is designed with the aim of being a companion network to Moonbeam, striving to provide a permanently incentivized canary network. This means that new code is first shipped to Moonriver, where it is tested and verified under real economic conditions before being shipped to Moonbeam on Polkadot. Moonriver achieves this by providing a full Ethereum Virtual Machine (EVM) implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

Moonriver operates as a decentralized smart contract platform, with its utility token, MOVR, playing an important role in its functionality. The MOVR token is used to support the gas metering of smart contract execution, compensate collators, power the creation of a decentralized node infrastructure, facilitate the on-chain governance mechanism, and pay for network transaction fees. Moonriver's compatibility with Ethereum allows developers to deploy existing Solidity smart contracts and DApp frontends with minimal changes, making it a convenient platform for Ethereum developers.

Moonriver aims to provide a platform for developers to test and verify their code under real economic conditions before deploying it to Moonbeam on Polkadot. This makes it a valuable tool for developers who want to ensure the reliability and efficiency of their code. Additionally, Moonriver's compatibility with Ethereum allows developers to deploy existing Solidity smart contracts and DApp frontends with minimal changes, making it a convenient platform for Ethereum developers. The MOVR token also has various uses within the Moonriver network, including supporting the gas metering of smart contract execution, compensating collators, and facilitating the on-chain governance mechanism.

Moonriver was designed with the aim of being a companion network to Moonbeam, striving to provide a permanently incentivized canary network. The idea was to create a platform where new code could be tested and verified under real economic conditions before being deployed to Moonbeam on Polkadot. This approach aims to ensure the reliability and efficiency of the code. Moonriver operates on the Kusama network and is compatible with Ethereum, allowing developers to deploy existing Solidity smart contracts and DApp frontends with minimal changes. The MOVR token, which plays an important role in Moonriver's functionality, was introduced to support various operations within the network.

Market

Brazil Market Stats

Market cap

R$566.4M

Volume (24h)

R$38.3M

Circulating supply

8.9M MOVR

All time high

R$2,274.85

Price change (1h)

+0.68%

Price change (24h)

+4.38%

Price change (7d)

-5%

Brazil News about Moonriver

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First Mover Americas: BTC Stabilizes Around $58K Following Yesterday's Rout

The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin Magazine • May 02, 24

BlackRock: Sovereign Wealth, Pension Funds Considering Bitcoin ETFs

BlackRock says sovereign wealth funds and pensions are having diligence conversations about Bitcoin ETFs, signaling growing institutional Bitcoin adoption despite recent outflows.

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DL News • May 02, 24

LayerZero airdrop timing just got clearer

In December, LayerZero said it planned to launch and distribute its token “within the first half of 2024.”

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BeInCrypto • May 02, 24

These Solana Meme Coins Achieve Double-Digit Gains After Market Dip

After a market dip, Solana-based meme coins like Dogwifhat and Popcat recorded significant gains, contrasting with the modest recovery of major cryptocurrencies like Bitcoin.The post These Solana Meme Coins Achieve Double-Digit Gains After Market Dip appeared first on BeInCrypto.

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CoinDesk • May 02, 24

Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity

The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.

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Decrypt • May 02, 24

Second-Largest European Bank BNP Paribas Bought BlackRock Bitcoin ETF Shares: SEC Filing

According to a 13F report, BNP Paribas purchased IBIT shares in the first quarter of 2024—albeit less than 1 BTC worth at current prices.

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Moonriver is on the decline this week.

The price of Moonriver has increased by 0.68% in the last hour and increased by 4.38% in the past 24 hours. Moonriver’s price has also fallen by 5.00% in the past week. The current price is R$63.34 per MOVR with a 24-hour trading volume of R$38.26M. Currently, Moonriver is valued at 97.22% below its all time high of R$2,274.85. This all-time high was the highest price paid for Moonriver since its launch.

The current circulating supply of Moonriver is 8,943,897 MOVR which means that Moonriver has as total market cap of 8,943,897.

FAQ

What is the current price of Moonriver?

We update our Moonriver to BRL currency in real-time. Get the live price of Moonriver on Coinbase.

What is the market cap of Moonriver?

The current market cap of Moonriver is R$566.37M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Moonriver?

The all-time high of Moonriver is R$2,274.85. This all-time high is highest price paid for Moonriver since it was launched.

What is the 24 hour trading volume of Moonriver?

Over the last 24 hours, the trading volume of Moonriver is R$38.26M.

How many Moonriver are there?

The current circulating supply of Moonriver is 8.9 million.

Can I buy Moonriver on Coinbase?

No, Moonriver is not currently available on Coinbase, but you can sign up to get the latest news on Moonriver and be notified when it gets added to our exchange.