Sandkastenhelden

Beam has a maximum supply of 262,800,000 tokens, of which 81,970,000 are in circulation as of February 2021. Beam allows financial counterparties to make safe, stable and reliable BTC transactions. This helps eliminate the problem of user data mismanagement, keeping the system cleaner and more secure. Beam’s blockchain was built on the C++ programming language from scratch. BEAM is a confidential decentralized finance platform that runs on a combination of two blockchain protocols . SwapSpace project aims to provide a full spectrum of information for the exchange options.

Circulating supply shows the number of coins or tokens that have been issued so far. The total dollar value of all transactions for this asset over the past 24 hours. View the total and circulating supply of BEAM, including details on how the supplies are calculated. An overview showing the statistics of BEAM, such as the base and quote currency, the rank, and trading volume.

market data

Beam is a cryptocurrency developed with the “Scriptless Script” technology that can process many types of transactions (such as atomic swapping, escrow, and time-locked transactions). All transactions in the Beam cryptocurrency are private; the Beam blockchain doesn’t hold any information about transaction participants. With the Beam digital-asset, users can set their wallets up to attach digitally signed documentation to all transactions in a cryptographically discreet manner.

https://www.beaxy.com/ have total access and control over their privacy, deciding who can access their information and what they are allowed to see.

What is the exchange rate of BEAM(beam)?

We may learn about closure and opening prices from the price graph. The graph is broken up into segments of “candles” that provide us with knowledge about beam price prediction every hour. Every candlestick will show the incoming and outgoing prices for BEAM and the minimum price and maximum price it experienced during the preceding hour. Cryptocurrency prices are subject to high market risks and price volatility.

Beam’s negative correlation with other currencies means that a change in the Beam may cause the linked cryptocurrency to change direction. Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale. To check Beam’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Beam uses the Equihash proof-of-work algorithm which was chosen for its capacity to handle large amounts of data. User addresses are kept confidential at all times and are never disclosed to any third parties.

The Relative Strength Index momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold or overbought . Currently, the RSI value is at 21.92, which indicates that the BEAM market is in a oversold position. The RSI indicator suggests that the price of BEAM will decrease. The platform also has superior scalability due to compact blockchain size that supports online and offline transactions, atomic swap, and hardware wallets integration. The table above shows the number of days which BEAM closed above a certain price level.

The summary for BEAM/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. Beam is a cryptocurrency developed based on the MimbleWimble protocol, with strong privacy, substitutability and scalability. Beam is a new coin that attempts to implement MimbleWimble, written from scratch in C++. Compared with Grin, the total amount of tokens of Grin is unlimited, while the Beam token has a limited supply and periodic rewards are halved. The current live price of is — per (/USD) today with a current market cap of — USD. CryptoRank provides crowdsourced and professionally curated research, price analysis, and crypto market-moving news to help market players make more informed trading decisions.

Beam Correlation

beam crypto price can also be purchased, sold, and traded on cryptocurrency exchanges. BEAM has enormous potential, as specific partnerships and developments may boost adoption and user numbers. The maximum price level could increase significantly if the cryptocurrency market focuses on investing in Beam. The BEAM exchange rate is decided by supply and demand on cryptocurrency exchanges. When more people are buying BEAM than selling it, the price goes up. Before buying any cryptocurrency, it’s worth doing your homework.

If you would like to know where to buy Beam at the current rate, the top cryptocurrency exchanges for trading in Beam stock are currently CoinW, Gate.io, MEXC, BitForex, and BKEX. Binance have announced support for the beam hardfork / network upgrade this morning. Given this set up a generous stop loss as their is the potential of further downside for BTC however we generally see incremental growth from binance backed network upgrades. Technically we are in a long term pennant, first TP at the upper trendline, if we breakout TP2 & TP3 come… BEAM was created with the aim of solving the issue of lack of confidentiality across existing blockchain networks.

Government regulations have a great impact on the price of BEAM and other currencies. The BEAM exchange rate sometimes moves with or in response to changes in the wider economy. For example, many cryptos made impressive gains in 2020 while economies around the world suffered due to the COVID-19 pandemic.

Only trustworthy partners and attention to the customers. Below we have collected the most reliable price projections for BEAM from popular forecast platforms. BEAMUSDT is trading within a triangle, I am looking for a false break downward and a return back to the upper level. A break and retest of the upper level will validate the trade idea.

Some beam crypto price formations are seen as likely to forecast bullish price action, while others are seen as bearish. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including BEAM. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. Many cryptocurrency traders pay close attention to the markets when the current BEAM price crosses an important moving average like the 200-day SMA.

Always remember that investment decisions are risky and you should never invest more than you can afford to lose. Editor-in-Chief of the BitcoinWisdom site, I’m responsible for ensuring all the content on our website is accurate, relevant, and helpful. I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications. From the convenience of your digital wallet, you may build, trade assets, and transact on the Beam cryptocurrency. From a cryptocurrency standpoint, Beam UTXO and asset UTXO are identical.