And, with Etherscan currently showing a supply of 30 septillion MOON tokens, that has magnified the token’s theoretical market cap to the $2.88 septillion figure. Assuming a 1:1 conversion with dai, users can exchange one MOON token for 0.095 DAI.ĭata from CoinGecko shows DAI is currently worth $1.01, landing MOON with a price of just under $0.096. Moon-Tokens is owned by Maryanne Myers, 23 years in business, who doesn't miss payouts and NO GHOSTING on you. Advertisers are shown, and you easily earn. At the time of writing, HoneySwap was offering 10.5 xMOONs for an xDai. You just send traffic to your Moon-Tokens referral page to participate. Using this route, MOON holders can determine a dollar-denominated value for their tokens. Related: Bitcoin Has Been Less Volatile Than Tesla Stock for Months

They can then trade these on HoneySwap – a type of automated market maker exchange similar to Uniswap – for xDAI, another derivative that can be freely converted for the widely traded and highly liquid dai (DAI) stablecoin.

It works like this: MOON holders go to a site called xmoon.exchange and convert their tokens into xMOON – a type of derivative product.

See also: Reddit Seeks Scaling Solution for Ethereum-Based ‘Community Points’ MOON price is up over 162 on Honeyswap (a decentralized exchange) since July 22 based on. But before you start thinking the end is nigh, this astounding number is just a market quirk.īuilt on Ethereum’s Rinkeby testnet, MOON wasn’t initially tradable on secondary markets, which made it difficult to pin down a price. The price of the r/CryptoCurrency native coin Moon (MOON) is rallying since Reddit shared its plans.

Moon token