Moonriver: Kusama utility token, community-led, Proof of Stake.
Moonriver is a Kusama parachain with its own token, supporting community governance and phased network decentralization via Proof of Stake.
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What is Moonriver (MOVR)?
Moonriver Network's utility token is also called Moonriver (MOVR). It mirrors Moonbeam's token supply and economics but has a different distribution to meet its specific network objectives. Serving as Moonbeam's 'CanaryNet,' Moonriver is a community-driven experiment, securing its Kusama parachain slot through a significant crowdloan. Currently in Phase 3 of its 5-phase launch, Moonriver operates as a Kusama parachain with 40 active collators and two RPC endpoints. The network is transitioning to a fully decentralized Proof of Stake system. The number of active collators, selected by stake and nominations, is subject to governance.
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Moonriver price live information
As of now, Moonriver is trading at 5.451 USD, with a 24-hour trading volume of approximately 444.73K USD. The MOVR to USD price is updated in real time. Over the past 24 hours, Moonriver has increased by 1.11%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 52.08M USD. Currently, there are 9 554 417 MOVR in circulation out of a maximum supply of 11 875 158 MOVR.
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