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$MOVR (Moonriver) – Undervalued or Just Warming Up? 🚀
Bridging Ethereum to Kusama | Limited Supply | Real Utility
Moonriver (MOVR) is a next-gen smart contract platform built on Kusama and compatible with Ethereum. It offers a seamless experience for developers wanting to deploy Solidity-based smart contracts in a multi-chain world. MOVR is quietly positioning itself as a serious contender in the altcoin space.
Key Market Stats (Updated)
🪙 Current Price: ~$6.70 USD
📈 Market Cap: ~$66 million USD
💰 Circulating Supply: ~9.78 million MOVR
🔢 Total Supply: 10.6 million MOVR
📉 All-Time High: $442.77 (Nov 5, 2021)
📉 All-Time Low: $3.62 (Oct 19, 2023)
⏳ 24H Range: $6.22 – $7.36
📅 7-Day Price Action: -8%
🔎 What Makes MOVR Stand Out?
🌉 Ethereum Compatibility – Supports all Ethereum tools including MetaMask, Remix, and Truffle
🌐 Deployed on Kusama – Moonriver is the canary network of Moonbeam, designed for real-world testing before hitting Polkadot
🔮 One-Week Forecast – Where is MOVR Heading?
In the last week, MOVR has slipped from ~$7.33 to ~$6.70. This 8% drop could indicate a short-term consolidation phase.
🟢 Upside Potential: Resistance zone between $7.20–$7.40
🔴 Downside Risk: Support zone between $6.50–$6.60
⚡ Final Thoughts
Moonriver may not be in the headlines daily, but that’s exactly what makes it interesting. It’s an under-the-radar project with solid fundamentals, real use cases, and a limited token supply
If you believe in multichain futures and Ethereum scalability, Moonriver deserves a spot on your radar. 📡
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