Rally

Kaspa

Kusama

Moonriver

Moonbeam

<p>Moonriver’s native token <a href="https://captainaltcoin.com/moonriver-movr-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">MOVR</a> erupted higher on Tuesday, <a href="https://coinmarketcap.com/currencies/moonriver/" target="_blank" rel="noopener noreferrer nofollow">gaining</a> 47% to over $7 to rank as the second-biggest gainer on Binance. The powerful upside move comes without any major project announcements to explain the rally.</p>
<p>Over the past week, MOVR has rocketed 63% higher, extending its 30-day gain to 73%. The altcoin currently trades at its highest level since mid-September.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="759" src="https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-1024x759.png" alt="" class="wp-image-371939" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-1024x759.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-300x222.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-767x569.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-1536x1139.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-2048x1519.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-202x150.png 202w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-100x74.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-472x350.png 472w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11-788x584.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/chart-11.png 1060w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>Moonriver provides an Ethereum-compatible smart contract parachain on the Kusama network. It functions as a canary network for the related Moonbeam project on Polkadot.</p>
<p>By offering full EVM compatibility and Web3 APIs, Moonriver serves as a proving ground for Ethereum developers to test apps before deploying them on the Moonbeam mainnet.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/kaspa-price-flip-and-mining-rewards-reduction-could-lead-to-further-upside-for-kas-expert/" target="_blank" rel="noopener noreferrer nofollow">Kaspa Price Flip and Mining Rewards Reduction Could Lead to Further Upside For KAS: Expert</a></li>
 <li><a href="https://captainaltcoin.com/is-chainlinks-soaring-price-to-12-50-linked-to-a-record-number-of-wallets-holding-1000-link/" target="_blank" rel="noopener noreferrer nofollow">Is Chainlink’s Soaring Price to $12.50 Linked to a Record Number of Wallets Holding 1,000 LINK?</a></li>
 <li><a href="https://captainaltcoin.com/why-you-should-invest-in-the-etuktuk-tuk-presale/" target="_blank" rel="noopener noreferrer nofollow">Why You Should Invest in the eTukTuk ($TUK) Presale</a></li>
</ul>
<p>The lack of significant project updates from Moonbeam/Moonriver makes interpreting the rally difficult. Speculation around the network activity migrating from Kusama to Polkadot may be fueling bullish sentiment.</p>
<p>Moonriver’s surge comes amidst a broad altcoin resurgence as Bitcoin trades rangebound. Traders will watch whether the altcoin can sustain this newfound momentum or if the 47% single-day spike represents an unsustainable short-term top.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-moonriver-movr-price-up-exploring-the-catalysts-behind-the-rally/" rel="noopener noreferrer nofollow">Why is Moonriver (MOVR) Price Up? Exploring the Catalysts Behind the Rally</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is Moonriver (MOVR) Price Up? Exploring the Catalysts Behind the Rally

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