They have revolutionized the digital asset space because they have enabled decentralized exchanges, decentralized finance, ICOs, IDOs and much more. A huge proportion of the value created and stored in cryptocurrency is enabled by smart contracts. Namecoin using POW consensus algorithm called Proof of Work to secure its network and validate transactions.
Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. These charts and their information are free to visitors of our website. The most experienced and professional traders often choose to use the best crypto API on the market.
However, they all share the same moniker — every coin issued after Bitcoin is considered to be an altcoin. We calculate our valuations based on the total circulating supply of an asset multiplied by the currency reference price. In 2025, the price is predicted to increase by 4.73% but in 2030, the price will fall by 40.96%. The price of Namecoin decreased by -71.79% in the last 1 year, while the coin’s 3-year performance is -76.65%.
How profitable is an investment in Namecoin?
On the daily chart, exponential moving averages show a bullish signal. Namecoin price currently sits above all 10,20,50,100, and 200-day EMAs. We receive updated cryptocurrency prices directly from many exchanges based on their pairs.
It was built to meet the increasing needs of decentralization, security, censorship resistance, and speed. Apr 18, 2011 had its very first block.Dec 15, 2013 reached block height 50,000.Mar 21, 2016 reached block height 150,000.Sep 24, 2019 reached block height 400,000. The highest price ever for one Namecoin (NMC) was $11.46 on 29 Nov 2013, 10 years ago.
Short term NMC sentiment?
- The information presented on this website is solely for informational purposes and should not be construed as investment advice.
- Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games.
- Here are the steps to buy NMC tokens from any of the above exchanges.
- Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.
Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of Namecoin (NMC) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins. Owing to its neutral sentiments, you can consider investing in NMC tokens in 2024–2030. However, you should be vigilant about the potential volatility of the token. Compared to other crypto coins which started the same year as Namecoin it has below-average trading volume, average volume for the other 5 coins started in 2011 is $250M while NMC has $14K. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.
Being fully cognizant of the risks linked to investing is crucial. Please note that we do not assume responsibility for any investment losses stemming from reliance on the information furnished on this platform. E-Biz MBA is your ultimate crypto hub, offering top-notch news, predictions, insights, and reviews. Whether you’re a seasoned trader namecoin price prediction or a newbie, trust us to guide you through the dynamic world of cryptocurrency. Stay ahead with our expert analysis and stay informed with the latest trends.
The current market status of the token can be understood from the following key figures. The data name/value pair is a computer-readable address with a human-readable name. Namecoin holders can establish the ownership of a domain. For more details, please check the Namecoin price history page. Bollinger Bands are often used by traders to identify potential entry and exit points for a trade. When the price of an asset moves above the upper band, it may indicate that the asset is overbought and a sell signal.
Namecoin Price Prediction FAQs
Here are the steps to buy NMC tokens from any of the above exchanges. The lowest price for one NMC coin is $0.158, recorded in March 2020, approximately 4 years ago. The daily chart indicates that the initial point of resistance on the upside is located at the $0.7227 level. Namecoin is a blockchain that has been forked from Bitcoin’s blockchain.
Namecoin (NMC) Price Predictions
The first major resistance level for NMC is at $0.7227, and if the price manages to break above this level, the next resistance levels to watch out for are $0.8906 and $1.01. These levels are important as they may indicate the potential for further price gains . Please remember that the prices, yields and values of financial assets change. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances. Once verified, we create a coin description page like this. The world of crypto now contains many coins and tokens that we feel unable to verify.
Recent Comments