Moonriver is a parachain built on the Kusama network, it serves as a “canary network” for its sister chain Moonbeam made on Polkadot.
Moonriver is an EVM-compatible smart contract platform which enables developers to deploy Ethereum-based applications in a Kusama environment. It provides a unique testing ground for features before they are implemented on the Moonbeam.
Developed by Purestake, Moonbeam uses the Kusuma Relay Chain for security and cross-chain communication. This strategic positioning allows the team of Moonriver to experiment and verify their code under real economic conditions making it a very important component of the border Polkadot or Kusama ecosystem.
What Is Moonriver MOVR?
The native cryptocurrency token of the Moonriver network is called MOVR. This is a utility token that has various purposes within the ecosystem it is used as a gas token for processing all the transactions.
MOVR is a governance token which allows token holders to take part in decision-making processes. It can be staked for network security and MOVR is the main mode of exchange within the Moonriver ecosystem.
How does Moonriver work?
Moonriver works as a testing environment that mirrors the Moonbeam’s mainnet conditions. It offers full EVM implementation and web3-compatible API. Moonriver bridges the connection between existing networks and Integration with Metamas and other Ethereum tools.
This platform allows the developers to experiment with their Decentralised apps (Dapps) in real economic conditions before deploying them to Moonbeam. This innovative approach minimizes the risks and ensures proper testing of all new features and applications.
Token allocation of Moonriver (MOVR)
Moonriver has a fixed supply of 10,000,000 MOVR tokens which are allocated as follows. The token distribution is done to ensure a community-focused approach along with maintaining resources for development and network growth.
- 40% of the total tokens are allocated for community initiatives and Parachain Slot Reserve.
- 30% of all tokens are set aside for Parachain Crowdloan
- 24.5% of the total tokens are allocated for long-term network stewardship and adoption.
- 4.5% of tokens are reserved for developer bong reserve.
- 0.5% of total tokens are allocated to the Parahchain bond reserve.
- 0.5% of total tokens are allocated to the treasury.
Tokenomics of Moonriver
Current Price: $9.27
Market cap: $84,514,197
24 h volume: $3,861,299.0
Circulating supply: 9,131,669.0
Launch date: 17/11/2020
Moonriver (MOVR) Price Prediction 2024 – 2030
To know the price predictions of Moonriver (MOVR) from 2024 to 2030 follow the table below. However, the prices given below are just estimates and not definite.
The cryptocurrency market is highly volatile so the prices can fluctuate at any time due to multiple reasons.
Moonriver (MOVR) Price Prediction 2024
| Month | Minimum Price | Maximum Price |
| October | $10.25 | $11.25 |
| November | $10.25 | $11.25 |
| December | $9.74 | $11.25 |
Moonriver (MOVR) Price Prediction 2025
| Month | Minimum Price | Maximum Price |
| January | $10.4 | $12 |
| February | $11.21 | $12.56 |
| March | $11.69 | $13.11 |
| April | $12.16 | $13.67 |
| May | $12.64 | $14.22 |
| June | $13.11 | $14.78 |
| July | $13.59 | $15.33 |
| August | $14.06 | $15.88 |
| September | $14.54 | $16.44 |
| October | $15.01 | $16.99 |
| November | $15.49 | $17.55 |
| December | $15.96 | $18.10 |
Moonriver (MOVR) Price Prediction 2026
| Month | Minimum Price | Maximum Price |
| January | $16.55 | $18.88 |
| February | $17.13 | $19.66 |
| March | $17.72 | $20.45 |
| April | $18.31 | $21.33 |
| May | $18.89 | $22.01 |
| June | $19.48 | $22.79 |
| July | $20.07 | $23.57 |
| August | $20.65 | $24.35 |
| September | $21.24 | $25.14 |
| October | $21.83 | $25.92 |
| November | $21.41 | $26.70 |
| December | $24 | $27.48 |
Moonriver (MOVR) Price Prediction 2027
| Month | Minimum Price | Maximum Price |
| January | $23.92 | $28.55 |
| February | $24.83 | $29.63 |
| March | $25.75 | $30.70 |
| April | $26.67 | $31.77 |
| May | $27.58 | $31.84 |
| June | $28.50 | $33.92 |
| July | $29.42 | $34.99 |
| August | $30.33 | $36.06 |
| September | $31.25 | $37.13 |
| October | $32.17 | $38.21 |
| November | $33.17 | $39.38 |
| December | $34 | $40.35 |
Moonriver (MOVR) Price Prediction 2028
| Month | Minimum Price | Maximum Price |
| January | $35.28 | $41.97 |
| Febraury | $36.56 | $43.59 |
| March | $37.85 | $45.21 |
| April | $39.13 | $46.82 |
| May | $40.41 | $50.06 |
| June | $41.69 | $54.68 |
| July | $42.97 | $54.30 |
| August | $44.25 | $53.30 |
| September | $45.82 | $54.92 |
| October | $46.82 | $56.53 |
| November | $48.10 | $58.15 |
| December | $49.38 | $59.77 |
Moonriver (MOVR) Price Prediction 2029
| Month | Minimum Price | Maximum Price |
| January | $51.14 | $61.82 |
| Febraury | $52.91 | $63.86 |
| March | $54.67 | $65.91 |
| April | $56.43 | $67.91 |
| May | $58.19 | $70 |
| June | $59.96 | $72.05 |
| July | $61.72 | $74.10 |
| August | $63.48 | $76.14 |
| September | $65.01 | $78.19 |
| October | $67.01 | $80.24 |
| November | $68.77 | $82.28 |
| December | $70.53 | $84.33 |
Moonriver (MOVR) Price Prediction 2030
| Month | Minimum Price | Maximum Price |
| January | $73.09 | $87.44 |
| Febraury | $75.64 | $90.55 |
| March | $78.20 | $93.65 |
| April | $80.75 | $96.76 |
| May | $83.31 | $99.87 |
| June | $85.87 | $102.98 |
| July | $88.42 | $106.08 |
| August | $90.98 | $109.08 |
| September | $93.53 | $112.30 |
| October | $96.09 | $115.41 |
| November | $98.64 | $118.51 |
| December | $101.20 | $121.62 |
How to buy Moonriver (MOVR)?
Follow the steps given below to buy Moonriver (MOVR):
Step 1: Research and select any crypto exchange platform that lists MOVR tokens. Make sure you check out their transaction fee and user interface.
Step 2: Sign up and create an account on the exchange platform. Provide all the necessary details and complete security verification as well.
Step 3: Add funds to your account. You can add cryptocurrencies like ETH, BTC or USTD.
Step 4: Navigate to the trading pairs section on the exchange platform, choose a trading pair and place your order.
Step 5: Once the order is processed, you will get your tokens. Add them to your crypto wallet.
Where to buy Moonriver (MOVR)?
You can buy MOVR tokens through different crypto exchange platforms like:
- Kucoin
- Binance
- MEXC
- Gate.io
- Solarbeam – Decentralized exchange
Is it profitable to invest in Moonriver?
As per the price prediction above, investing in Moonriver is looking positive in the long run. It is also predicted that Moonriver price might see a bullish trend shortly. The MOVR token can also reach up to $60.68 in the next five years.
But you must do your research and invest after you are sure. The cryptocurrency market is highly volatile meaning that the prices can change anytime affecting your investment returns. Invest what you can risk and analyse your portfolio as well.
