๐ $MOVR (Moonriver) โ Undervalued or Just Warming Up? ๐
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)
๐ช Current Price: ~$6.70 USD
๐ Market Cap: ~$66 million USD
๐ฐ Circulating Supply: ~9.78 million MOVR
๐ข Total Supply: 10.6 million MOVR
๐ All-Time High: $442.77 (Nov 5, 2021)
๐ All-Time Low: $3.62 (Oct 19, 2023)
โณ 24H Range: $6.22 โ $7.36
๐ 7-Day Price Action: -8%
๐ What Makes MOVR Stand Out?
๐ Ethereum Compatibility โ Supports all Ethereum tools including MetaMask, Remix, and Truffle
๐ Deployed on Kusama โ Moonriver is the canary network of Moonbeam, designed for real-world testing before hitting Polkadot
๐ฎ One-Week Forecast โ 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.
๐ข Upside Potential: Resistance zone between $7.20โ$7.40
๐ด Downside Risk: Support zone between $6.50โ$6.60
โก Final Thoughts
Moonriver may not be in the headlines daily, but thatโs exactly what makes it interesting. Itโs 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. ๐ก
