Balancer (BAL) Market Cap Reaches $217.70 Million

Balancer (BAL) traded 0.7% lower against the dollar during the one day period ending at 9:00 AM E.T. on April 20th. One Balancer token can currently be bought for approximately $3.87 or 0.00006057 BTC on cryptocurrency exchanges. During the last seven days, Balancer has traded 8.6% lower against the dollar. Balancer has a market capitalization of $217.70 million and $6.88 million worth of Balancer was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0.3% higher against the dollar and now trades at $0.33 or 0.00000519 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.8% higher against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Balancer Token Profile

Balancer was first traded on June 20th, 2020. Balancer’s total supply is 62,834,166 tokens and its circulating supply is 56,222,990 tokens. Balancer’s official website is balancer.finance. Balancer’s official Twitter account is @balancer and its Facebook page is accessible here. The official message board for Balancer 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.”

Balancer Token Trading

It is usually not 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, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Balancer using one of the exchanges listed above.

BAL/USD price chart by TradingView