crypto exchange BinanceThe price of a highly anticipated Polkadot-based project skyrocketed after .
Moonriver (MOVR), complete Ethereum It is a smart contract platform with compatibility. The goal of the project is to make it easy to use popular developer tools to create or redistribute Solidity-based projects. It uses the Ethereum Virtual Machine (EVM) so that developers can efficiently export their projects to Moonriver.
Binance’s altcoinThe surprise statement about his listing was made on Twitter last night.
#Binance Will List @MoonriverNW $MOVRhttps://t.co/ve4C5We8Jk
— Binance (@binance) November 8, 2021
Traded at around $380 at the time of Binance’s announcement, MOVR rallied to $475 in less than an hour, making quick gains of around 35 as news of the project’s imminent listing began to spread. MOVR has cooled a bit after its rally and is trading at $391 at the time of writing.
Moonriver is now live and running on Polkadot’s canary network, Kusama. The platform’s sister project, Moonbeam, will also launch in Polkadot (DOT) after the parachain auctions are complete.
On November 4, the Polkadot team announced on their Twitter account that parachain auctions will begin on November 11.
Referendum 42, the motion to enable parachain registration and crowdloans, has passed the community vote and been enacted. Parachain teams are now able to register their parachain and open their crowdloan ahead of the first auction on November 11, 2021. https://t.co/zFSxsozsSF
— Polkadot (@Polkadot) November 4, 2021
Polkadot is also enjoying the price surge ahead of the parachain auctions and has gained around 50% value last month. At the time of writing, the DOT is trading at $53.18.
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