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Moonriver

MOVRUSD
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5.205USD

-0.109-2.05%
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Today

-2.05%

5 Days

-15.37%

1 Month

-27.27%

6 Months

-56.87%

Year to Date

-58.21%

1 Year

-53.11%

View Detailed Chart

Key Data Points

Opening Price

5.254

Previous Closing Price

5.314
Price Range of the Day
5.1955.339
52-Week Price Range
4.18820.543

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

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Moonriver News

More news coming soon, stay tuned...

More Details of Moonriver

Moonriver is a smart contract parachain within the Kusama network that is designed to be fully compatible with Ethereum. This compatibility is achieved through a comprehensive implementation of the Ethereum Virtual Machine (EVM), a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. The primary purpose of Moonriver is to serve as a companion network to Moonbeam, which is a parachain on the Polkadot ecosystem. Moonriver acts as a "canary network" where new code is deployed first for thorough testing and verification under real economic conditions before being implemented on Moonbeam. Moonriver's utility token, MOVR, is central to the network's ecosystem. MOVR is used for various purposes, including facilitating transaction fee payments, smart contract execution, incentivizing collators (nodes that produce blocks on the network), and enabling a decentralized on-chain governance system. The network offers a wide range of tools and integrations that cater to developers, including popular Ethereum developer tools, oracle and API integrations, wallets, partnerships with other Polkadot chains, bridges to other networks, block explorers, and a diverse range of decentralized finance (DeFi) protocols and applications. These features make Moonriver an attractive platform for developers who want to build or migrate DApps within the Kusama and Polkadot ecosystems.
What is the MOVR token and what are its use cases?
MOVR is the utility token of the Moonriver network and is central to its design. The MOVR token serves several key functions, including: Supporting the gas metering of smart contract execution Incentivizing collators (nodes that produce blocks on the network) Powering the mechanics of the decentralized node infrastructure Facilitating the on-chain governance mechanism (e.g., proposing referenda, electing council members, voting) Paying for network transaction fees The Moonriver network has a capped total supply of 10 million MOVR tokens and a yearly inflation rate of 5%, designed to ensure the long-term sustainability and growth of the ecosystem.
What tools and integrations are available on the Moonriver network?
Moonriver offers a wide array of tools and integrations to support developers, including: Ethereum developer tools such as Metamask, Remix IDE, web3.js, Ethers.js, Truffle, and other toolkits Oracle integrations like Chainlink, Band Protocol, Razor, and DIA Protocol API and infrastructure integrations with providers like Onfinality and Covalent Wallet support for Mathwallet, Polkadot.js, Metamask, and AirGap Partnerships with other Polkadot chains, including Acala, Equilibrium, Kilt, and Phala Bridges to connect Moonriver with various networks, such as Chainbridge, Ren, Interlay, Snowfork, and Axelar Block explorers like Subscan, Polkadot.js, and Blockscout Integrations with DeFi protocols, such as Balancer, SushiSwap, Offshift, IDEX, Linear Finance, and Injective Protocol Partnerships with asset and issuance platforms, including Ocean Protocol, AllianceBlock, AMPnet, Poolz, Polkastarter, and Kilt DApps and applications, including Human Protocol, Polkacover, and BeProto
How is Moonriver secured?
Moonriver's security architecture is multi-layered, drawing strength from its connection to the Kusama network. As a parachain on Kusama, Moonriver benefits from the robust security and network stability provided by the Kusama platform, which is designed for high-risk functionality and early-stage code deployment. Additionally, Moonriver employs a permanently incentivized canary network model, where new code is first deployed and tested on Moonriver before being implemented on Moonbeam in the Polkadot ecosystem. This allows for thorough testing and verification under real economic conditions, enhancing the overall security and resilience of the network. The network also utilizes a decentralized node infrastructure, where collators (nodes that produce blocks) are incentivized to maintain the network's integrity and security. This decentralized approach helps to mitigate single points of failure and ensures the network's resilience against potential attacks or disruptions.

Moonriver

5.205

-0.109-2.05%
KeyAI