According to Gate News Bot, as of December 8, per CoinMarketCap data, GLMR (Moonbeam) is currently trading at $0.04, up 44.74% in 24 hours, reaching a high of $0.04 and a low of $0.02. The current market cap is approximately $40 million, an increase of $1.24 million from yesterday. GLMR is currently ranked 499th in global cryptocurrency market capitalization.
Moonbeam is a cross-chain connected smart contract platform that provides entrepreneurs and developers with top-tier tools and support. Through its grant programs and accelerators, Moonbeam helps projects seamlessly scale their businesses and communities. As a Web3 gateway, Moonbeam simplifies the experience of integrating the metaverse into personal or professional projects, making it fast, simple, and reliable.
Recent important news about GLMR:
1️⃣ GLMR Perpetual Contracts Delisted on Gate Platform
Gate announced that at 16:00(UTC+8) on December 5, the GLMR_USDT perpetual contract trading pair would be delisted. The contract entered reduce-only mode at 15:30 the same day and officially ceased trading at 16:00. This decision may affect GLMR’s liquidity and trading volume, which could in turn cause short-term price volatility.
2️⃣ Market Reaction Triggered by Contract Settlement
Gate will settle open positions at the average index price during the last half hour before delisting, and all pending orders will be automatically canceled. This settlement process may cause short-term volatility in the price of GLMR, and investors should closely monitor market trends.
3️⃣ GLMR Spot Trading Unaffected
Although perpetual contracts have been delisted, GLMR spot trading continues. This may lead some investors to shift from the contract market to the spot market, potentially affecting GLMR’s liquidity distribution and price trends.
GLMR’s price saw a significant increase following the delisting announcement, possibly reflecting the market’s initial reaction to the change. However, the long-term impact remains to be seen. Investors should closely monitor GLMR’s performance on other trading platforms and ongoing developments in the Moonbeam project.
This information does not constitute investment advice; investors should be aware of the risks of market volatility.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SIGN Spikes 61.3% As Bulls Loading Driven By Accelerating Smart Money Inflows
The price of the Sign token is edging higher, showing an interesting development in its market, according to a revelation disclosed today by market analyst AltsDaddy. The crypto asset is roaring back to life, with its price today surged to $0.052055 while its trading volume reached $202,178,087, as
BlockChainReporter5m ago
Today, the cryptocurrency Fear and Greed Index is at 12, indicating the market is in extreme fear.
Gate News Report, March 8th, according to Alternative.me data, today’s cryptocurrency Fear and Greed Index is at 12, indicating the market is in a "Extreme Fear" state. This index measures market sentiment, with lower values indicating higher levels of fear.
GateNews28m ago
CryptoQuant Analyst: Bitcoin NUPL-MVRV indicator reaches 0.33, indicating that extreme selling conditions are moderating
Gate News Announcement, March 8 — CryptoQuant analyst Axel posted on X platform that Bitcoin may have entered the mid-stage of this bear market cycle. Data shows that the NUPL–MVRV harmonic composite indicator has reached 0.33, while historical cycle bottoms typically occur around the -0.5 level. The chart indicates that the start of the bear market cycle is trending upward, suggesting that extreme selling conditions are moderating. However, the indicator remains well above historical bottom levels, indicating that a full-scale market sell-off has not yet been confirmed.
GateNews1h ago
Polkadot to Reset Tokenomics on March 12 With Major DOT Supply and Staking Changes
Polkadot will introduce a new monetary framework on March 12 that sets DOT’s supply cap at 2.1 billion and lowers emissions by 53.6%.
The overhaul will also create a Dynamic Allocation Pool and shorten the DOT unbonding period from 28 days to 24–48 hours.
On March 12, Polkadot will reset
CryptoNewsFlash5h ago
Bitcoin May Be Closer to a Bottom Than Most Think, Chart Signals
The Bitcoin price slipped about 2% today, trading slightly below $68,000 after pushing above $73,000 earlier this week, as already covered on our site. The move added fresh pressure to a market that still feels shaky, especially after several failed attempts to hold higher levels.
Still, not e
CaptainAltcoin5h ago
Dogecoin Monthly Breakdown Pattern Reappears as Price Tests $0.0918
Dogecoin is currently trading at $0.09205 at a gain of 2.3, with support of above $0.08878.
As can be seen in the monthly chart, there are recurring breakdown areas that have been followed by significant expansions in price.
The short-term trading range is narrow and the immediate point o
CryptoNewsLand5h ago
