Balancer (BAL) Hits Market Capitalization of $216.12 Million

Balancer (BAL) traded up 4.1% against the US dollar during the 24 hour period ending at 12:00 PM E.T. on April 18th. One Balancer token can now be purchased for about $3.85 or 0.00006038 BTC on popular exchanges. Balancer has a market cap of $216.12 million and approximately $8.02 million worth of Balancer was traded on exchanges in the last day. Over the last seven days, Balancer has traded down 20.2% against the US dollar.

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

• KILT Protocol (KILT) traded 3.7% higher against the dollar and now trades at $0.33 or 0.00000523 BTC.
• 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 down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.1% against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Profile

Balancer’s launch date was June 20th, 2020. Balancer’s total supply is 62,815,609 tokens and its circulating supply is 56,204,434 tokens. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. Balancer’s official website is balancer.finance. Balancer’s official message board is balancer.finance/blog-feed.

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 presently possible to buy alternative cryptocurrencies such as Balancer directly using US dollars. Investors seeking to acquire Balancer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Balancer using one of the aforementioned exchanges.

BAL/USD price chart by TradingView