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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

Canada Market Stats

Market cap

CA$149.1M

Volume (24h)

CA$11.9M

Circulating supply

8.9M MOVR

All time high

CA$607.97

Price change (1h)

-0.2%

Price change (24h)

+0.69%

Price change (7d)

-6.5%

Canada News about Moonriver

Unchained • May 01, 24

Schonfeld Latest Wall Street Player to Make Push Into Bitcoin, Ether Options

Traditional finance multi-strategy hedge fund firm Schonfeld Strategic Advisors is pushing into crypto products. Schonfeld disclosed in SEC filings on March 29 investments in both bitcoin (BTC) and ether (ETH) futures. A number of Wall Street firms have been investing in crypto for the first time...

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Decrypt • May 01, 24

If the SEC Thinks Ethereum Is a Security, Are ETH ETFs Doomed?

It’s now looking like a long road ahead for ETH to come to Wall Street. But that’s a surprise to few.

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Blockworks • May 01, 24

Vitalik Buterin talks ways to make zk proofs more efficient

Binius operates over binary code and is designed to store information using bits

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Decrypt • May 01, 24

What Is Notcoin? The Telegram-Based Game, NOT Token, and Future Plans

UPDATED: When is the NOT token actually launching? Here's the latest, along with everything else you need to know about Notcoin.

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BeInCrypto • May 01, 24

Bitcoin, Ethereum, Solana Rebound as Fed Chair Jerome Powell Speaks

Cryptocurrencies like Bitcoin, Ethereum, and Solana rallied following the Fed's decision to maintain interest rates, reflecting investor confidence in a stable economic outlook.The post Bitcoin, Ethereum, Solana Rebound as Fed Chair Jerome Powell Speaks appeared first on BeInCrypto.

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The Block • May 01, 24

Memecoins look to be getting a second life

Earlier in the month it seemed like the memecoin sector’s flourish was diminishing, but it looks to be getting a second life this past week.

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Moonriver is on the decline this week.

The price of Moonriver has decreased by 0.20% in the last hour and increased by 0.69% in the past 24 hours. Moonriver’s price has also fallen by 6.50% in the past week. The current price is CA$16.69 per MOVR with a 24-hour trading volume of CA$11.86M. Currently, Moonriver is valued at 97.25% below its all time high of CA$607.97. This all-time high was the highest price paid for Moonriver since its launch.

The current circulating supply of Moonriver is 8,943,401 MOVR which means that Moonriver has as total market cap of 8,943,401.

FAQ

What is the current price of Moonriver?

We update our Moonriver to CAD 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 CA$149.11M. 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 CA$607.97. 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 CA$11.86M.

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.