GLMR is the native token of the Moonbeam project, which is an Ethereum EVM-compatible smart contract parachain within the Polkadot ecosystem. Its core value lies in bridging the cross-chain barrier between Ethereum and Polkadot. Below is a detailed introduction and a one-way price prediction for the end of 2025:
1. Basic Information: Launched in January 2022, it uses a delegated proof-of-stake consensus mechanism. The current total supply is approximately 1.182 billion tokens, with a circulating supply of about 990 million tokens, accounting for 84% of the total supply; there is no supply cap for the token, with an annual inflation rate of 5%, which will dilute the token holdings of early holders.
2. Core Functions: First, practical functions, which can be used to pay for smart contract execution and network transaction fees. Users staking GLMR can also contribute to network security and receive corresponding rewards; second, governance functions, where token holders can vote on key network decisions such as protocol upgrades, steering the project's development direction.
3. Ecological advantages: It allows developers to migrate Ethereum's Solidity smart contracts to the platform with minimal changes, while also being compatible with commonly used Ethereum development tools like MetaMask. This not only avoids the high transaction fees of Ethereum but also enhances its performance through the shared security of Polkadot. Furthermore, its cross-chain bridge enables asset and data transfer between multiple chains like Ethereum and Polkadot, addressing the issue of blockchain fragmentation.
4. Current market performance: On December 8, its price was about $0.0366 (some platforms showed about $0.04), with a 24-hour high of 0.29 yuan and a low of 0.18 yuan. The 24-hour turnover rate reached 169.20%. It is listed on several major exchanges such as Binance, Huobi, and OKEx, with the GLMR/USDT trading pair on CoinDCX accounting for 63.65% of its 24-hour trading volume, indicating decent trading activity.
End-of-2025 price prediction: Likely to slightly decline to the range of $0.03 - $0.034
The reasons are as follows:
1. Overall weak cryptocurrency market environment: On December 7, the crypto market experienced severe fluctuations, with Bitcoin dropping below $89,000 during the day, a nearly 29% decline from its peak earlier in the year. The total liquidation amount across the network reached $111 million, and market liquidity sharply shrank. Mid-cap cryptocurrencies like GLMR are easily influenced by market fluctuations, and with the outcome of the December Federal Reserve meeting unknown, investors are currently in a cautious state, lacking the funds to support a rise in GLMR prices.
2. Suppression of token inflation mechanism: GLMR has an inflation rate of 5% per year, with no supply cap. As the end of the year approaches, the increase in tokens due to inflation will further dilute market liquidity. If there is no large capital to absorb the new supply, it will create natural downward pressure on the price, making it difficult to push prices up against the trend.
3. Lack of strong positive support: Recently, there have been no major technical upgrades or breakthrough positive news regarding the Moonbeam project. The competition in the public chain track is intense, with other cross-chain projects continuously gaining momentum. GLMR is finding it difficult to attract incremental funds based on its existing ecological advantages, and during periods of low market sentiment, the price is more likely to follow the downward trend.
Note: Cryptocurrency prices are influenced by multiple factors such as regulatory policies and market sentiment, leading to significant volatility. The above predictions are based on current information and do not constitute investment advice.
