MOVR: Moonbeam vs Moonriver, The next Ethereum!

Moonriver has been running like there is no limit. Went from $5 to $300 in less than 3 weeks. It's too early to say much about its chart, but keep it on your watch list. This could be the next Solana or ETH.


Additional information:

Moonbeam simplifies the developer experience by combining full Ethereum compatibility with the power of Polkadot, including scalability, cross-chain integrations, and on-chain governance. Utility token will be called Glimmer, it has not been released yet.

• Relay Chain: Polkadot
  
• Supply: 1 billion
  
• Inflation rate: 5% uncapped
  
• Transaction fees: 80% burned, 20% to treasury
  

Moonriver is a companion network to Moonbeam and provides a permanently incentivized canary network. New code ships to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code ships to Moonbeam on Polkadot.

• Relay Chain: Kusama
  
• Supply: 10 million
  
• Inflation rate: 5% uncapped
  
• Transaction fees: 80% burned, 20% to treasury
  

Kusama and Polkadot are independent, standalone networks built on very similar codebases, but Kusama has faster governance parameters and lower barriers to entry. While Kusama is wild and fast, Polkadot is more conservative, prioritizing stability and dependability, with slower, more methodical governance and upgrade processes.

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Wait for price consolidation before opening a new position.