BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

BITCOIN

₹62,31,354.45

0.785%

ETHEREUM

₹3,22,784.68

1.841%

TETHER USDT

₹93.04

0.013%

BNB

₹55,150.87

0.786%

SOLANA

₹16,320.24

0.779%

USDC

₹93.00

0.008%

XRP

₹54.21

1.916%

DOGECOIN

₹11.94

4.991%

CARDANO

₹39.28

3.471%

AVALANCHE

₹2,898.12

7.837%

TRON

₹12.47

0.353%

SHIBA INU

₹0.001621

4.628%

POLKADOT

₹576.60

2.735%

CHAINLINK

₹1,327.17

0.102%

BITCOIN CASH

₹35,779.78

3.502%

NEAR PROTOCOL

₹564.08

3.892%

LITECOIN

₹6,752.00

1.459%

POLYGON

₹49.33

2.062%

PEPE

₹0.001127

2.371%

INTERNET COMPUTER

₹955.46

0.387%

Home

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Coins

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Glimmer

GLMR

Glimmer

GLMR

₹20.27

LIVE

24H Low ₹20.14

24H High ₹20.96

Price of GLMR today

The current live price of GLMR today is ₹20.27, with a 24-hour trading volume of ₹50,66,23,489.20. Our GLMR to INR price is updated in real-time. GLMR has seen a decrease of -2.57% in the last 24 hours. With a live market cap of ₹17,97,50,72,643.93 , the circulating supply is at 887,245,271 GLMR coins, with a maximum supply of 1,128,546,237GLMR coins.

Glimmer Price History

Date ComparisonAmount Change% Change
Today-₹0.47

2.24%

7 Days₹0.31

1.54%

30 Days₹1.51

8.04%

1 Year-₹2.55

11.17%

Glimmer Price Information

Price Change (1hr)

2.39%

Price Change (24hr)

2.24%

Price Change (7d)

1.54%

Glimmer Market Stats

Market Cap

₹17,97,50,72,643.93

Fully Diluted Market Cap

₹22,86,36,89,731.02

24hr Volume

₹50,66,23,489.20

10.59%

Circulating Supply

887245271 GLMR

Total Supply

1128546237 GLMR

Things to know about Glimmer

What is the token?

  • Glimmer (GLMR) is Moonbeam Network's utility token on Polkadot.

  • Moonbeam is a developer-friendly parachain and innovative contract platform.

  • GLMR is used for transaction fees, network operations, and incentivizing collators.

Tokenomics

  • Initial total supply: 1 billion GLMR tokens.

  • Supply increases by 5% annually, with no maximum supply cap.

  • Transaction fees: 80% burned, 20% to treasury.

  • Allocation for ecosystem development, crowd loan, seed and strategic funding, founders, early employees, and community events.

Market Data

As of today 21 July 2024, the price of Glimmer is ₹20.27 INR, with a 24-hour trading volume of 5447564.4 USD. The market capitalization for Glimmer is 193280351.01USD. The circulating supply is 887245271 Glimmer, with the total supply also being 1128546237 Glimmer.

Token Pros and Cons

Pros:

  • Utility and governance token for Moonbeam.

  • Ethereum compatibility for easy application deployment.

  • Cross-chain integrations within the Polkadot ecosystem.

  • Incentives for network participation and staking.

  • The deflationary mechanism through transaction fee burns.

  • Developer support and grants.

Cons:

  • Uncapped supply with 5% annual inflation.

  • Price volatility and decline from the all-time high.

  • Dependence on Polkadot's success.

  • Security risks and potential vulnerabilities.

  • Competition from other innovative contract platforms and Ethereum layer-2 solutions.

Why Should You Invest in the Coin

  • GLMR's utility within Moonbeam and Polkadot ecosystem.

  • Used for gas fees, fees, value transfer, and staking.

  • Developer-friendly for expanding Ethereum functionality.

USP of the coin

  • GLMR is the utility token for Moonbeam, a parachain on Polkadot.

  • Functions include transaction fees, incentivizing collators, and staking.

  • Compatible with Polkadot ecosystem services.

The problem the coin is solving

  • Enhances Ethereum's functionality and scalability.

  • There is no need for developers to recode projects.

  • Integrations with services like Chainlink and The Graph.

  • Supports DOT and various ERC-20 tokens.

Founder and team background

  • Derek Yoo is the founder of Moonbeam and CEO of PureStake.

  • Focus on blockchain technology and decentralized applications within Polkadot.

ICO Price

  • ICO Date: September 7-10, 2021.

  • ICO Price: $0.25 per GLMR.

  • Total Raised: $24.50 million.

  • Total Supply: 1 billion GLMR at launch.

  • Funding Allocation: Seed, strategic, community events, crowdloan, protocol development, public sale.

Risks Associated in Investing in the Coin

  • General risks: volatility, liquidity, demand, forking, code defects, cryptography, regulation, concentration, electronic trading, cybersecurity.

  • Developer dependence on network maintenance and application building.

  • Technical risks: code defects and security breaches.

  • Regulatory risks: legal actions and classification by authorities.

  • Market Sentiment: Unfavorable market sentiment can lead to price declines and losses for investors and traders, as evidenced by past performance where GLMR experienced significant price drops.

  • Price Volatility: GLMR has shown high price volatility, with sharp increases and decreases in value, which poses risks for investors looking for stable returns

  • The uncapped maximum supply and targeted annual inflation rate of 5% for GLMR could potentially dilute the value of existing tokens.

  • Dependence on Polkadot's success.

  • Moonbeam faces competition from other innovative contract platforms and Ethereum layer-2 solutions, which could impact its adoption and the utility of GLMR.

Whitepaper Insights

Glimmer (GLMR) serves as the utility token for Moonbeam, an intelligent contract parachain built on Polkadot, offering Ethereum compatibility for seamless deployment of Solidity smart contracts and DApp frontends. Moonbeam ensures robust security for its network by leveraging the shared security of the Polkadot relay chain and integrations with other chains in the ecosystem.

The token allocation strategy for GLMR encompasses various aspects, including seed funding, community events, protocol development, and liquidity programs, fostering a diverse ecosystem while incentivizing participation and growth. GLMR's economic model targets an annual inflation rate of 5%, which funds para chain slots, incentivizes nodes, and rewards network participants, complemented by a deflationary mechanism burning 80% of transaction fee proceeds to create deflationary pressures if burn rates exceed inflation potentially.

Glimmer's utility extends beyond economic functions to encompass governance and network security. Although concerns about centralisation may arise, GLMR holders participate in on-chain governance, contributing to decision-making processes through a structured model involving a Council & Technical Committee. Additionally, GLMR facilitates staking, enabling users to secure the network and earn rewards, aligning incentives for network maintenance and growth. Moonbeam's commitment to developer support through adoption and liquidity programs underscores its focus on fostering a vibrant ecosystem, attracting developers and users to build and interact with applications on the Moonbeam network, further enhancing its utility and value proposition.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9300

0%

GLMR to Converter

Quantity

GLMR

GLMR

Price

fiat

Price as per 07:23 PM • 21 Jul 2024

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What is the price of Glimmer (GLMR)?

The current price of Glimmer (GLMR) in INR is ₹20.27 INR.

What is the current GLMR market cap?

The current market capitalization of Glimmer (GLMR) is ₹17,97,50,72,643.93 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of GLMR by the number of coins in circulation.

What is the current supply of Glimmer (GLMR)?

The current supply of Glimmer (GLMR) is 887245271 GLMR. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Glimmer (GLMR)?

The 24-hour trading volume of Glimmer (GLMR) in INR is ₹50,66,23,489.20. This figure represents the total value of all GLMR transactions across various exchanges within the last 24 hours.

How to Buy Glimmer (GLMR) in India?

To buy Glimmer (GLMR) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in GLMR.

Can I buy Glimmer (GLMR) with UPI?

Yes, you can buy Glimmer (GLMR) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Glimmer (GLMR) to Indian Rupee (INR)?

To convert Glimmer (GLMR) to Indian Rupee (INR), you can use our GLMR/INR conversion rates in real time.

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