Buy Moonriver in India

Moonriver token is not just limited to acting as a native utility token or giving the rights for governance in the platform. They also support the gas metering of smart contract execution. MOVR tokens also help to facilitate the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.

Apart from this, the token also incentivizes collators and powers the mechanics around creating a decentralized node infrastructure on which the platform can run. The primary use is for paying the transaction fees on the network or utilizing the Moonriver ecosystem services.

Moonriver has shown substantial returns in the past and made an all-time high of about $448. The token is trading somewhere at $370, making it a good buy for gaining returns in the upcoming trend. It is also available on a large number of centralized as well as decentralized cryptocurrency exchanges. MOVR is on a rising spree where major cryptocurrency exchanges are looking for the listing of this token. With this, MOVR holders may expect the price to skyrocket and clear the $500 mark. We still advise you to Do Your Own Research (DYOR) before investing and only invest that you can afford to lose.

Both the names might make the user a little confused about the fact that Moonbeam and Moonriver are identical. However, they have a wide range of differences existing. Kusama network hosts Moonriver, which is an early and experimental version of Moonbeam. Another difference between both platforms lies in network updates. Moonriver will receive network updates after the deployment so that results are tested in a real economic environment. The network will then push the successful updates to Moonbeam.