Home Latest Cryptocurrency News Moonbeam added a quarter to its value today: best places to buy Moonbeam

Moonbeam added a quarter to its value today: best places to buy Moonbeam

By Onose Enaholo - min read
Updated 26 January 2023

Moonbeam is skyrocketing today, having added almost 25% to its value in the last 24 hours. If you want to know what Moonbeam is, if it’s worth investing in, and the top places to buy Moonbeam now, you’re about to find out.

Top places to buy Moonbeam now

What is Moonbeam?

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot, which makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more.

The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, and cross-chain integrations.

Should I buy Moonbeam today?

Most analysts are bullish on Moonbeam, but take price predictions and investment advice with a grain of salt. The amount you invest should be adjusted according to your individual risk tolerance.

Moonbeam price prediction

Price Prediction has a positive outlook on the price movement of Moonbeam. It is currently trading for $11.22. They expect it to reach at least $13.64 this year, up to $16.48. In 2023, $19.39 is the minimum it will trade for.

In 2024, the price of Moonbeam will be at least $27.16, going up to $33.28. Finally, it will trade for at least $39.51 in 2025.