Moonbeam Price Prediction 2024, 2025, 2030: Will GLMR Price Go Up?

The cryptocurrency market has seen enormous improvements in many different sectors in tandem with the boom in the DeFi domain. For its dedication to interoperability over the Polkadot chain, Moonbeam has generated plenty of good buzz in the crypto world. Today, this GLMR price prediction will take deep dive into its prospects.

The Moonbeam not only serves as a cryptocurrency but also as a smart contract operating network. Which makes it worth a glance! Are you looking to buy GLMR at the industry’s current lows but confused about its yields? Do not worry; this article will offer Moonbeam price predictions through 2024 and the years to come. 

Overview

Cryptocurrency	Moonbeam
Token	GLMR
Price	$ 0.26586533 -1.99%
Market cap	$ 229,595,090.7437
Circulating Supply	863,576,662.0000
Trading Volume	$ 5,301,780.9484
All-time high	$29.84 on 11th January 2022
All-time low	$0.1606 on 22nd September 2023
24 High	$ 0.3053
24 Low	$ 0.2821

*The statistics are from press time.

GLMR Price Prediction 2024

Moonbeam, which is built on Polkadot, allows programmers to develop projects alongside Ethereum. It accomplishes this by using the Ethereum platform’s scalability while operating at a speedier and reduced price.

That being said, it has the possibility of reaching a high of $0.754 by the conclusion of the year. With the typical purchase and sale forces, the GLMR price would be $0.493 towards the end of the year. On the other hand, the price may fall to $0.192.

Moonbeam Price Prediction 2024 – 2030

Moonbeam Price Prediction 2025

Moonbeam is far more than just an EVM deployment: it’s a highly technical para chain that matches Ethereum’s Web3 RPC, users, keys, memberships, logs, and much more. The Moonbeam system adds on-chain administration, staking, and cross-chain interfaces to the original Ethereum software suite. With the rise in demand, the coin can potentially rise to $1.317 or above.

On the other hand, a potential financial catastrophe or a global market collapse might cause the minimum price value to be $0.521. However, taking into account the bullish and bearish targets, the average forecast price may be $0.959.

GLMR Price Prediction 2026

According to our analysts, GLMR coin price prediction for the year 2026 could range between $1.106 to $1.747 and the average price of Moonbeam could be around $1.426.

Moonbeam (GLMR) Price Prediction 2027

According to our analysts, Moonbeam token for the year 2027 could range between $1.592 to $2.435 and the average price of GLMR could be around $2.013.

GLMR Price Prediction 2028

According to our analysts, GLMR crypto prediction for the year 2028 could range between $1.994 to $2.982 and the average Moonbeam coin price could be around $2.488.

GLMR Crypto Price Prediction 2029

According to our analysts, Moonbeam’s forecast for the year 2029 could range between $2.625 to $3.726 and the average GLMR coin price could be around $3.175.

Moonbeam Price Prediction 2030

According to our analysts, GLMR predictions for the year 2030 could range between $3.354 to $4.318 and the average Moonbeam price could be around $3.836.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Moonbeam’s (GLMR) Price Prediction

Moonbeam is a brand-new and exciting cross-chain currency. As per CoinPedia’s GLMR price forecast, it might reach $0.754 before the conclusion of 2024. 

On the negative side, market swings and unstable external conditions, as well as the lack of upgrades, could be a blow to the altcoin. As a result, the Moonbeam value may battle to stabilize around $0.192 by the end of the year.`

Fundamental Analysis

On top of Substrate, Moonbeam provides an Ethereum-like ecosystem (rather than a Geth-based solution). This allows users to quickly reinstall their current smart contracts, utilizing the very same technologies and APIs as before but also benefiting from the new Substrate architecture upon which all Polkadot parachains are developed.

Moving ahead, Derek Yoo, the CEO of PureStake, created the Network in January 2022. Furthermore, the network allows coders that use Solidity or Vyper-based smart contracts to “go multi-chain” and expand their impact into the Polkadot environment. Whereas, Polkadot’s system guarantees flawless task allocation on a couple of layers.

The system’s key idea is that no single network is ideal for every use case. Hence, the web requires an inner core that combines multiple chains. Polkadot is the layer-0 foundation that hosts a large array of layer-1 public blockchains known as parachains. Let’s hop on to understand some key features of the token.

What Is Moonbeam (GLMR)?

Moonbeam is Polkadot’s Ethereum-compatible smart contract parachain. It makes it simple to construct or redeploy Solidity apps in a Substrate-based environment using common Ethereum developer tools. Also, it’s a highly specific parachain that matches Ethereum’s Web3 RPC, users, keys, memberships, records, and much more. 

The Moonbeam ecosystem adds on-chain administration, staking, and cross-chain connections to the standard Ethereum functionality. Moreover, developers could use Moonbeam to transfer current Ethereum DApps to Polkadot or build new permissionless dApps employing existing Ethereum software solutions. 

When front-end apps are migrated across networks, Moonbeam’s tools make sure that there is minimum modification. In addition, the Moonbeam initiative is heading toward decentralized governance. Glimmer (GLMR), the utility coin, will serve as a portal for participating nodes to perform the network’s key functionalities.

Moonbeam Historic Market Sentiments 2022

• The coin was first listed in the exchange on 11th January with an initial price of $11.
• The coin quickly skyrocketed to $29, then it was taken over by the bearish trend and has never recovered since.
• The market has witnessed extreme fluctuations in its charts from the beginning and is highly unstable.
• Moonbeam price ended the year 2022 with a closing trade price of $0.332.

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