Swap Tracker
All Coins

Exchange Moonriver (MOVR)

If you're looking to swap Moonriver, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Moonriver or some fresh information about MOVR’s price movements. And, of course, we provide you with the multiple Moonriver exchange options so that you can choose the offer with the best rates and lowest Moonriver fees, as well as other parameters that suit you.

movr-icon
movr-icon
movr-icon

Moonriver Price Stats

To help you make a decision about exchanging your Moonriver, we gathered some cold hard numbers: Moonriver price chart and other stats, such as Moonriver market cap.

24H HIGH

24H HIGH $8.619611

MOVR MARKET CAP

MOVR MARKET CAP $88,884,393.14

CIRCULATING SUPPLY

CIRCULATING SUPPLY 10,571,407.367 MOVR

24H LOW

24H LOW $8.1253746

MOVR PRICE

MOVR PRICE $8.408

24H VOLUME

24H VOLUME $3,650,667.201

SwapSpace Reviews

Moonriver Price Chart

Here you can see the current price of Moonriver, as well as Moonriver price history.

What is Moonriver?

Moonriver is a companion network to Moonbeam, it is a parachain with smart contracts functionality on Kusama blockchain. It was meant to become an incentivized canary network. The new code will be first implemented on Moonriver for testing and then transferred to Moonbeam on Polkadot. 

Moonriver provides a full EVM implementation, a Web3 compatible API, and bridges that connect the network to the existing blockchains. It works with industry-standard Ethereum tools, dApps, and protocols. Thanks to this possibility developers are able to deploy existing Solidity smart contracts and dApp frontends to Moonriver with minimal changes. Developers can access and use the latest builds of Moonbeam in a live incentivized CanaryNet environment connected to the Kusama MainNet. 

Moonriver was deployed as a parachain on the Kusama network in June 2021 and the Moonbeam is only going to be deployed at the end of 2022. It gives advantages to the developers to start building, experimenting and launching dApps and assets accessible to the users. The launch of the network happened after completing the crowdloan campaign run by the Moonbeam foundation and securing the parachain slot on the network. 

The Moonriver network mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more, and thus minimizes the changes required to run existing Solidity smart contracts on the network. Any project on Ethereum can be simply reduplicated and deployed to Moonbeam with the use of Hardhat, Truffle, Remix, and other popular deployment tools. 

Another distinct difference of the Moonriver is that most of the tokens are meant to belong to the community, which will make all the decisions related to the development of the network. 

MOVR token is the utility asset for the Moonriver network. It is used to measure the gas needed for smart contract execution, pay for the transactions and also to incentivize the collators, and power the mechanics around the creation of decentralized node infrastructure on which the platform can run. Moreover, the MOVR token is used for governance, including proposing referenda, electing council members, voting, etc.

The total supply of the Moonriver tokens is 10 million MOVR. There will be a yearly inflation rate of 5%. MOVR exists to pay for the security needs of the network. Part of the tokens (30%) were fairly and permissionlessly distributed to secure the slot on the network. There are no rewards for founders and the development team doesn’t own any tokens from the network genesis. 

80% of all the fees are burnt, which acts like a deflationary force to assure the value to existing MOVR holders based on increased utilization of the network. 20% goes to the on-chain treasury that later can be allocated through the on-chain governance to projects and initiatives that promote further adoption and development of the network. 

A Simple Way To Exchange Moonriver Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 1550 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Featured Price Predictions

Frequently Asked Questions

Will Moonriver go up?

Is Moonriver a good investment?