Moonriver
ATH / ATL
24h Price
24h summary
Over the last 24 hours, Moonriver moved from $1.22 to $1.19. The session high was $1.23, the low was $1.16, and the intraday range was $0.064 / 5.3%.
- 24h open
- $1.22
- 24h close
- $1.19
- 24h high
- $1.23
- 24h low
- $1.16
- Volatility / range
- $0.064 / 5.3%
- Updated
Monthly Returns heatmap
Heatmap summary
Moonriver posted 18 positive months out of 57. The longest positive streak lasted 3 months, while the longest negative streak lasted 8 months.
- Strongest month
- Dec 2023 +273.7%
- Weakest month
- Jan 2022 -59.7%
- Longest positive streak
- 3 Oct 2023 — Dec 2023
- Longest negative streak
- 8 Nov 2021 — Jun 2022
- Luckiest calendar month
- Dec • avg 32% • 5 mo.
- Unluckiest calendar month
- Jun • avg -25.8% • 5 mo.
Networks
Supported exchanges
About the coin
Moonriver is a blockchain network designed to support smart contracts and decentralized applications (dApps). It operates as a parachain on the Polkadot network, leveraging Polkadot's shared security and interoperability features.
The native cryptocurrency of the Moonriver network is MOVR. MOVR plays a crucial role in the functioning of the Moonriver ecosystem, serving various purposes within the network.
As a smart contract platform, Moonriver aims to provide an Ethereum-compatible environment. This compatibility allows developers to easily migrate their existing Ethereum-based dApps to Moonriver with minimal changes. This facilitates broader adoption and innovation in the decentralized space.
The network's architecture as a parachain on Polkadot means it benefits from the overall security provided by Polkadot's Relay Chain. This shared security model enhances the robustness and resilience of Moonriver.
Interoperability is another key aspect of Moonriver. Being part of the Polkadot ecosystem allows Moonriver to connect and communicate with other parachains and the broader Polkadot network, enabling seamless asset and data transfer across different blockchains.
The MOVR token is used for several essential functions within the Moonriver network:
- Transaction fees: MOVR is used to pay for gas fees associated with executing smart contracts and processing transactions on the network.
- Staking: Token holders can stake MOVR to participate in network security and governance.
- Governance: MOVR holders have the ability to propose and vote on network upgrades and parameter changes, influencing the future development of Moonriver.
- Incentives: MOVR can be used to incentivize network participants, such as validators and collators, for their contributions to maintaining the network's operation.
The design of Moonriver focuses on providing a developer-friendly environment. The Ethereum compatibility, combined with Polkadot's underlying technology, aims to lower the barrier to entry for developers looking to build and deploy dApps.
The Moonriver network is actively developed and governed by its community. The MOVR token's utility in governance empowers its holders to have a say in the network's evolution.
By offering an EVM-compatible environment and leveraging Polkadot's infrastructure, Moonriver seeks to foster a vibrant ecosystem of dApps and provide a scalable and secure platform for innovation.
The network's status is active, indicating that it is operational and supporting transactions and smart contract execution.
The MOVR token has a fixed number of decimals, which is 8. This determines the smallest divisible unit of the token on the Moonriver blockchain.
Moonriver's integration with the Polkadot ecosystem positions it as a key player in the multi-chain future, facilitating cross-chain communication and collaboration.
The platform's commitment to providing a developer-friendly and secure environment is central to its mission of driving the adoption of decentralized technologies.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the MOVRUSDT market feed.
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