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Moonriver priceMOVR
Moonriver price calculator
More cryptocurrencies calculator >Moonriver price live data summary
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About Moonriver (MOVR)
What is Moonriver (MOVR)?
Moonriver is a smart-contract parachain that is compatible with Ethereum and operates on Kusama. It is designed to function as a complementary network to Moonbeam, providing a permanently incentivized canary network. New code will be deployed to Moonriver first, where it can be tested and validated under genuine economic conditions. Once verified, the same code will be shipped to Moonbeam on Polkadot. To achieve this, Moonriver offers a complete EVM implementation, a Web3-compatible API, and bridges that link it to existing Ethereum networks. With minimal modifications, developers can deploy their existing Solidity smart contracts and DApp frontends to Moonriver.
How does Moonriver (MOVR) Work?
Moonriver offers advanced compatibility with Ethereum by mirroring its Web3 RPC, accounts, keys, subscriptions, logs, and more. This enables existing Solidity smart contracts to run seamlessly on the network, with minimal changes required. Moonriver also supports the use of existing Ethereum-like accounts and ECDSA signatures, making it easy to interact with the network using popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle. Additionally, developers can write smart contracts in Solidity or any language that compiles to Solidity bytecode, ensuring a familiar programming experience. With Moonriver, deploying existing contracts is a breeze - there's no need to rewrite or reconfigure anything.
What makes Moonriver (MOVR) Unique?
One of the great features of Moonbeam is its compatibility with Ethereum. This means that you can use the Ethereum API and Substrate API to interact with Moonbeam. Even though Moonbeam is built on Substrate, it uses Ethereum-style accounts and keys, making it easy to interact with Moonbeam using Ethereum-compatible wallets like MetaMask and Ledger. Users can also develop on Moonbeam using Ethereum libraries and development environments.
What is the MOVR Token?
When working with Moonriver, it's important to understand the role of MOVR. This utility token is integral to the platform's design and cannot be removed without sacrificing essential functionality. MOVR is used to support gas metering for smart contract execution, incentivize collators, power decentralized node infrastructure, facilitate on-chain governance mechanisms, and pay for network transaction fees.
Conclusion
Moonriver is a promising cryptocurrency that enables developers to build and integrate their DApps seamlessly. Its compatibility with the Ethereum Virtual Machine and connection to the Kusama network underline its potential for growth and innovation. With MOVR, its native currency, Moonriver creates an incentivizing ecosystem that empowers users in the governance of the platform. As the crypto industry evolves, Moonriver is definitely a project worth keeping an eye on.
Moonriver price performance in USD
Moonriver price history in USD
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Moonriver Social Data
In the last 24 hours, the social media sentiment score for Moonriver was 3, and the social media sentiment towards Moonriver price trend was Bullish. The overall Moonriver social media score was 1,186, which ranks 271 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Moonriver being mentioned with a frequency ratio of 0.01%, ranking 321 among all cryptocurrencies.
In the last 24 hours, there were a total of 359 unique users discussing Moonriver, with a total of Moonriver mentions of 76. However, compared to the previous 24-hour period, the number of unique users increase by 17%, and the total number of mentions has decrease by 45%.
On Twitter, there were a total of 1 tweets mentioning Moonriver in the last 24 hours. Among them, 0% are bullish on Moonriver, 0% are bearish on Moonriver, and 100% are neutral on Moonriver.
On Reddit, there were 40 posts mentioning Moonriver in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 67% .
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