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Moonriver, Small-Cap Altcoin on Polkadot Spikes After Support From Binance

Moonriver, a Polkadot-based project goes skyrocketing after crypto exchange Binance announced plans to list the token.

Furthermore, Moonriver (MOVR) is a smart contract platform that has complete Ethereum compatibility.

More so, It targets making it easy to use popular developer tools. Also, to build or redeploy projects based on the Solidity programming language.

Additionally, It utilizes the Ethereum Virtual Machine (EVM), giving developers access to efficiently port their projects over to Moonriver.

Binance announced the listing just last night.

“#Binance Will List @MoonriverNW $MOVR

— Binance (@binance) November 8, 2021

So, Moonriver settles at $380 before Binance’s announcement, but goes as high of $475 in less than one hour after the announcement. Of course, this means a quick gains of nearly 25%. However, it is seeing slight retracement to currently trade at around $414.

Also, Moonriver is live and operating on Kusama, Polkadot’s canary network.
Furthermore, Its sister project “Moonbeam” is ready to launch on Polkadot (DOT) ie. after the parachain auctions are complete.

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