Balancer (BAL) Hits 24 Hour Trading Volume of $11.30 Million

Balancer (BAL) traded 3.3% lower against the US dollar during the 1 day period ending at 7:00 AM Eastern on January 25th. One Balancer token can now be purchased for approximately $2.59 or 0.00002484 BTC on major cryptocurrency exchanges. Over the last week, Balancer has traded 13.7% lower against the US dollar. Balancer has a market cap of $160.15 million and approximately $11.30 million worth of Balancer was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $104,336.53 or 0.99892503 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.6% against the dollar and now trades at $103,814.23 or 0.99392451 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer’s genesis date was June 20th, 2020. Balancer’s total supply is 66,854,207 tokens and its circulating supply is 61,728,406 tokens. Balancer’s official message board is balancer.finance/blog-feed. Balancer’s official website is balancer.fi. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here.

According to CryptoCompare, “Balancer (BAL) is a crypto token associated with the Balancer protocol, a decentralized portfolio manager and liquidity protocol on Ethereum. It enables users to create and manage self-balancing token portfolios called liquidity pools. With customizable features like smart pools, Balancer facilitates trading, liquidity provision, and yield farming. BAL is used for governance, liquidity mining rewards, and staking for a share of trading fees. Created by a team including Mike McDonald, Fernando Martinelli, and Nikolai Mushegian.”

Balancer Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Balancer directly using U.S. dollars. Investors seeking to acquire Balancer should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Balancer using one of the exchanges listed above.

BAL/USD price chart by TradingView