Namecoin Price Down 5.7% Over Last 7 Days (NMC)

Namecoin (NMC) traded 2.2% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on September 19th. During the last seven days, Namecoin has traded 5.7% lower against the U.S. dollar. Namecoin has a total market cap of $15.18 million and $9,425.00 worth of Namecoin was traded on exchanges in the last 24 hours. One Namecoin coin can now be bought for approximately $1.03 or 0.00005517 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded down 6.3% against the dollar and now trades at $18,672.47 or 1.00000000 BTC.
  • Bitcoin Cash (BCH) traded 9.3% lower against the dollar and now trades at $108.86 or 0.00582976 BTC.
  • Bitcoin SV (BSV) traded 7.1% lower against the dollar and now trades at $48.30 or 0.00258682 BTC.
  • eCash (XEC) traded 7.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Arweave (AR) traded down 7% against the dollar and now trades at $9.39 or 0.00050293 BTC.
  • Syscoin (SYS) traded 4.6% lower against the dollar and now trades at $0.16 or 0.00000876 BTC.
  • Diamond Launch (DLC) traded 1.7% lower against the dollar and now trades at $0.0983 or 0.00000527 BTC.
  • Alpha Coin (ALPHA) traded 26.8% lower against the dollar and now trades at $0.0101 or 0.00000054 BTC.
  • Coin of champions (COC) traded 6.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • ArenaPlay (APC) traded 10.7% lower against the dollar and now trades at $1.74 or 0.00009337 BTC.

Namecoin Coin Profile

NMC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was April 19th, 2011. Namecoin’s total supply is 14,736,400 coins. Namecoin’s official Twitter account is @namecoin and its Facebook page is accessible here. The Reddit community for Namecoin is /r/namecoin and the currency’s Github account can be viewed here. Namecoin’s official website is namecoin.info.

According to CryptoCompare, “Namecoin s a cryptocurrency which also acts as an alternative, decentralized DNS, which would avoid domain name censorship by making a new top level domain outside of ICANN control. The coin is designed to halve every four years with the same cap limit as Bitcoin of 21,000,000. With the domain registry service a small number of NMC will be destroyed so after mining has finished there will still be a deflationary ellement in place. Namecoin was the first coin to switch to merged mining.RedditWhitepaper”

Namecoin Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Namecoin directly using U.S. dollars. Investors seeking to trade Namecoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Namecoin using one of the aforementioned exchanges.

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