## Moonriver (MOVR) - Fundamentals, Recent News, and Disclaimer:
**Fundamentals:**
* **Ethereum-compatible smart contract parachain on Kusama.**
* **Canary network for Moonbeam on Polkadot.** New code is tested on Moonriver first before deployment on Moonbeam.
* **Uses the MOVR token for:**
* **Gas metering:** Fee for executing smart contracts.
* **Incentivizing collators:** Rewards for running validator nodes.
* **Governance:** Participating in network decision-making.
* **Transaction fees:** Paying for network operations.
* **Current price:** $22.55 (as of February 18, 2024)
* **Market cap:** $200 million
* **Circulating supply:** 8.88 million MOVR
* **Max supply:** Not available
**Recent News:**
* **Moonbeam Network announced a partnership with Chainlink.** This will allow developers on Moonbeam and Moonriver to access secure and reliable oracle data feeds. (Jan 31, 2024)
* **SushiSwap deployed on Moonriver.** This brings a popular decentralized exchange to the network, potentially increasing liquidity and trading activity. (Jan 25, 2024)
* **Moonriver integrated with Binance Cloud.** This makes it easier for developers to deploy and manage their applications on the network. (Jan 17, 2024)
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.
* Cryptocurrency prices are volatile and can fluctuate significantly. Past performance is not indicative of future results.
* Investing in cryptocurrency involves inherent risks, including the potential for loss of capital.
**Additional Resources:**
* Moonriver Website: [moonbeam.network/networks/moonriver/](https://moonbeam.network/networks/moonriver/)
* CoinMarketCap: [coinmarketcap.com/currencies/moonriver/](https://coinmarketcap.com/currencies/moonriver/)
* CoinGecko: [coingecko.com/en/coins/moonriver](https://www.coingecko.com/en/coins/moonriver)
I hope this information is helpful! Please let me know if you have any other questions.
**Fundamentals:**
* **Ethereum-compatible smart contract parachain on Kusama.**
* **Canary network for Moonbeam on Polkadot.** New code is tested on Moonriver first before deployment on Moonbeam.
* **Uses the MOVR token for:**
* **Gas metering:** Fee for executing smart contracts.
* **Incentivizing collators:** Rewards for running validator nodes.
* **Governance:** Participating in network decision-making.
* **Transaction fees:** Paying for network operations.
* **Current price:** $22.55 (as of February 18, 2024)
* **Market cap:** $200 million
* **Circulating supply:** 8.88 million MOVR
* **Max supply:** Not available
**Recent News:**
* **Moonbeam Network announced a partnership with Chainlink.** This will allow developers on Moonbeam and Moonriver to access secure and reliable oracle data feeds. (Jan 31, 2024)
* **SushiSwap deployed on Moonriver.** This brings a popular decentralized exchange to the network, potentially increasing liquidity and trading activity. (Jan 25, 2024)
* **Moonriver integrated with Binance Cloud.** This makes it easier for developers to deploy and manage their applications on the network. (Jan 17, 2024)
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice. Please do your own research before making any investment decisions.
* Cryptocurrency prices are volatile and can fluctuate significantly. Past performance is not indicative of future results.
* Investing in cryptocurrency involves inherent risks, including the potential for loss of capital.
**Additional Resources:**
* Moonriver Website: [moonbeam.network/networks/moonriver/](https://moonbeam.network/networks/moonriver/)
* CoinMarketCap: [coinmarketcap.com/currencies/moonriver/](https://coinmarketcap.com/currencies/moonriver/)
* CoinGecko: [coingecko.com/en/coins/moonriver](https://www.coingecko.com/en/coins/moonriver)
I hope this information is helpful! Please let me know if you have any other questions.
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Disclaimer
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Join OUR VIP Gruop for Analysis on Demand
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ALL SIGNALS LIVE UPDATE ON TELGRAM FREE
t.me/MoonTradingForecast
VIDEO ANALYSIS ON YOUTUBE FREE
youtube.com/@MoonTradingForecast
t.me/MoonTradingForecast/38108
ALL SIGNALS LIVE UPDATE ON TELGRAM FREE
t.me/MoonTradingForecast
VIDEO ANALYSIS ON YOUTUBE FREE
youtube.com/@MoonTradingForecast
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.