According to Gate News Bot, as of December 8, per CoinMarketCap data, GLMR (Moonbeam) is currently trading at $0.04, up 44.74% in 24 hours, reaching a high of $0.04 and a low of $0.02. The current market cap is approximately $40 million, an increase of $1.24 million from yesterday. GLMR is currently ranked 499th in global cryptocurrency market capitalization.
Moonbeam is a cross-chain connected smart contract platform that provides entrepreneurs and developers with top-tier tools and support. Through its grant programs and accelerators, Moonbeam helps projects seamlessly scale their businesses and communities. As a Web3 gateway, Moonbeam simplifies the experience of integrating the metaverse into personal or professional projects, making it fast, simple, and reliable.
Recent important news about GLMR:
1️⃣ GLMR Perpetual Contracts Delisted on Gate Platform
Gate announced that at 16:00(UTC+8) on December 5, the GLMR_USDT perpetual contract trading pair would be delisted. The contract entered reduce-only mode at 15:30 the same day and officially ceased trading at 16:00. This decision may affect GLMR’s liquidity and trading volume, which could in turn cause short-term price volatility.
2️⃣ Market Reaction Triggered by Contract Settlement
Gate will settle open positions at the average index price during the last half hour before delisting, and all pending orders will be automatically canceled. This settlement process may cause short-term volatility in the price of GLMR, and investors should closely monitor market trends.
3️⃣ GLMR Spot Trading Unaffected
Although perpetual contracts have been delisted, GLMR spot trading continues. This may lead some investors to shift from the contract market to the spot market, potentially affecting GLMR’s liquidity distribution and price trends.
GLMR’s price saw a significant increase following the delisting announcement, possibly reflecting the market’s initial reaction to the change. However, the long-term impact remains to be seen. Investors should closely monitor GLMR’s performance on other trading platforms and ongoing developments in the Moonbeam project.
This information does not constitute investment advice; investors should be aware of the risks of market volatility.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SHIB Faces Critical Breakout Test as Forecast Points to Short-Term 7.47% Gain
Shiba Inu (SHIB) is trading close to the support level of $0.05545, showing a recent decline but also potential for a 7.47% upside by March 2026. The price remains within established boundaries, facing key resistance at $0.055727. Future movements depend on breaking above resistance or falling below support.
CryptoNewsLand6m ago
PEPE Price Coils Within $0.053385–$0.053517 Band as Momentum Stays Balanced
PEPE is trading within a tight range, with support at $0.053385 and resistance at $0.053517. The token shows minimal daily gains and balanced momentum indicators, indicating potential for volatility. Despite limited movement against USDT, PEPE appreciates against BTC and ETH.
CryptoNewsLand16m ago
DXY Breaks Above the Daily 200MA and Crypto Markets Are Watching the ~100 Level Like a Hawk
Currently, the U.S. Dollar Index (DXY) is starting to play a key role in crypto trading this morning. The Dollar has crossed above its Daily 200 period moving averages on March 1, 2026, and is now testing below its Daily 200 period Exponential Moving Averages. Daan Crypto Trades called attention to
BlockChainReporter23m ago
Bitcoin Death Cross Appears on Three-Day Chart, What Could Follow? - U.Today
Bitcoin recently formed a death cross on the three-day chart, which historically precedes significant bear market declines. This pattern suggests the potential for further downward movement in the current cycle, echoing past trends since 2014.
UToday40m ago
Short-selling firm Culper releases bearish report on Ethereum: Fusaka upgrade disrupts ETH token economics
Aggressive short-selling firm Culper Research has released a report bearish on Ethereum (ETH), believing that the Fusaka upgrade in 2025 will cause structural damage to ETH's token economy. The report points out that a significant decrease in Gas fees has led to increased address pollution attacks and reduced validator rewards, and emphasizes that Ethereum is facing competitive pressure from Solana and L2 solutions. Culper believes that ETH's value capture ability is declining and has started shorting ETH.
ChainNewsAbmedia2h ago
Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin
As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.
区块客2h ago
