Balancer (BAL) Market Capitalization Tops $104.43 Million

Balancer (BAL) traded 1.9% lower against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on September 16th. One Balancer token can now be purchased for about $1.75 or 0.00003025 BTC on popular exchanges. Balancer has a total market capitalization of $104.43 million and $5.18 million worth of Balancer was traded on exchanges in the last day. Over the last seven days, Balancer has traded down 7.9% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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.
• MVP Coin (MVP) traded 11.7% lower against the dollar and now trades at $0.0431 or 0.00000074 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

About Balancer

Balancer’s genesis date was June 20th, 2020. Balancer’s total supply is 64,996,034 tokens and its circulating supply is 59,735,530 tokens. The official website for Balancer is balancer.finance. Balancer’s official message board is balancer.finance/blog-feed. 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.”

Buying and Selling Balancer

It is usually not currently possible to purchase alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView