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Buy Moonriver (MOVR)

MOVR

$20.05

24H Change
-1.60%
24H Volume
$5.8M
Global Rank
#403
Market Cap
$120M

Moonriver Price

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About Moonriver (MOVR)

Moonbeam’s companion network, Moonriver, was developed to deliver an immutable, incentivized Kusama canary network. Essentially, that means that when new code is created, it first ships to Moonriver where it’s stress-tested to see if the network can withstand the bandwidth under 100% real economic situations. Once the code is proven to be strong enough, that exact same code transitions to Polkadot. Moonriver is community-focused because MOVR holders are given a more extensive portion of the network compared to some of the other leading blockchains. 

As far as history is concerned, Moonriver first deployed in June 2021 as one of Kusama’s parachains. Moonriver was intended to feature an increase of speed and lower the amount of editing from when blockchain code is tested to when the code is deployed. Moonriver is Kusama’s most widely adopted parachain featuring integrations with over 2,000 ERC-20 tokens. Additionally, the platform also features yield farming, APY boosts, and token distribution events, and crowd loans. It has received more contributions for crowdloans than any other parachain.

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Moonriver FAQs

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Where is the best place to buy Moonriver ?

The best place to buy Moonriver is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Moonriver and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Moonriver determined?

The price of Moonriver is determined by the forces of supply and demand in the market. Similar to other assets, the price of Moonriver is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Moonriver are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Moonriver with credit card?

Swyftx does not allow you to directly buy Moonriver with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Moonriver instantly.

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Period: Last 24 hours

MOVR Buys and Sells

By number of orders

36% Buy
36%
Buys
64%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.