Moonriver price
MOVR
MOVR

Moonriver price

$9.5710
+$0.61600
(+6.87%)
Price change from 00:00 UTC until now
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USD
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Market info
About
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Moonriver market info

Market cap
Market cap is calculated by multiplying the circulating supply with its latest price. Market cap = Circulating supply × Last price
Circulating supply
The amount of this crypto that is publicly available in the market
Market cap ranking
The asset’s ranking in terms of market cap value
All-time high
The historically highest price an asset has reached during its trading history
Market cap
$87.30M
Circulating supply
9,133,900 MOVR
Market cap ranking
183
24h high
$9.7770
24h low
$8.8980
All-time high
$239.99

Moonriver price performance in USD

The current price of Moonriver is $9.5710. Since 00:00 UTC, Moonriver has increased by +6.88%. It currently has a circulating supply of 9,133,900 MOVR and a maximum supply of 11,550,486 MOVR, giving it a fully diluted market cap of $87.30M. At present, Moonriver holds the 183 position in market cap rankings. The Moonriver/USD price is updated in real-time.
Today
$0.61600
+6.87%
7 days
-$1.8580
-16.26%
30 days
$0.49500
+5.45%
3 months
$0.11200
+1.18%

About Moonriver (MOVR)

4.2/5
CyberScope
4.2
10/04/2024
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Moonriver, the sister network of the Moonbeam network, is a decentralized smart contract platform built as a parachain on Kusama. MOVR is the name and ticker symbol of Moonriver's native token.

The Moonriver network was launched on Kusama in June 2021. Much like the way Kusama acts as a canary network to Polkadot, Moonriver acts as a fully incentivized platform for testing new projects before they are deployed on Moonbeam.

The platform mirrors Ethereum's ecosystem regarding its Web3 RPC, accounts, password systems, subscriptions, documentation, Ethereum wallets, and developer tools. As a result, any Ethereum project can be replicated and deployed on Moonriver with low gas fees and at a faster speed.

Moonriver and Moonbeam try to maintain the same level of decentralization and security as their respective relay chains, Polkadot and Kusama. Moonriver has over 900 validators on its network and is the most active DeFi ecosystem on the Kusama mainnet. In addition, Moonriver and Moonbeam also have an emerging DeFi ecosystem with DEXs, lending and borrowing protocols, automated market makers (AMMs), staking protocols, launchpad, and more.

The primary use case of Moonriver is incentivizing collators and participants who run the core decentralized node infrastructure for smart contract execution. The platform also adopted a fully decentralized governance system from the beginning, where token holders use MOVR to govern the platform by proposing updates, electing council members, and voting on proposals.

MOVR price and tokenomics

The total supply of MOVR was 10 million at launch. The maximum supply is uncapped, with an annual inflation rate of 5 percent. The token inflation pays for network functions, including incentivizing collators, paying for the parachain slot on its relay chain, and rewarding token stakers.

In August 2021, 30 percent of MOVR tokens were distributed back to participants in the MOVR parachain auction on Kusama. The remaining 70 percent was reserved for developers, community initiatives, and other essential teams.

80 percent of the fees accrued from transactions and smart contract executions on the platform are burned, which creates a temporary deflation that affects MOVR's price. The other 20 percent is transferred to the treasury for community-voted projects.

About the founders

The Moonbeam Foundation financially backs both Moonbeam and Moonriver. Derek Yoo, an alumnus of the University of Pennsylvania, is the founder and CEO of these networks. Stefan Mehlhorn, the COO of both networks, has also founded two companies, Collego and Permessa. Alan Sapede, who has prior experience at companies like Google, Fuze, and Live Minutes, handles blockchain engineering.

All three team members have worked in the same roles for Pure Stake, an IT service body that also develops and powers Moonbeam.

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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 861 new posts about Moonriver, driven by 100 contributors, and total online engagement reached 274K social interactions. The sentiment score for Moonriver currently stands at 78%. Compared to all cryptocurrencies, post volume for Moonriver currently ranks at 2064. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Moonriver.
Powered by LunarCrush
Posts
861
Contributors
100
Interactions
273,512
Sentiment
78%
Volume rank
#2064

X

Posts
684
Interactions
130,185
Sentiment
88%

MOVR FAQ

Where can I buy MOVR?

Easily buy MOVR tokens on the OKX TR cryptocurrency platform. OKX TR's spot trading terminal includes the MOVR/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for MOVR with zero fees and no price slippage by using OKX TR Convert.

What is Moonriver?

Moonriver is the sister network of Moonbeam and a parachain on the Kusama network. It functions as a testnet for faster development before projects are officially deployed on Moonbeam. MOVR is the name and ticker symbol of Moonriver's native token.

How does Moonriver work?

Developers get early access to Moonriver to build their projects on their Ethereum-compatible network and test them before the final launch. The platform is decentralized and governed by MOVR token holders, who decide what direction the platform will take.

How much is Moonriver worth today?
Currently, one Moonriver is worth $9.5710. For answers and insight into Moonriver's price action, you're in the right place. Explore the latest Moonriver charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Moonriver, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Moonriver have been created as well.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.
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