• Cryptocurrencies
  • Namecoin Price
  • Namecoin Logo

    Namecoin

    NMC

    Rank #1977

    $0.3793

    +3.49%
    24H Low$0.3509
    $0.431024H High
    24H Volume
    $14167.1
    All-Time High(ATH)
    $13.11
    All-Time Low(ATL)
    $0.0009151
    Market Cap
    $5.59 M
    Fully Diluted Valuation
    $5.59 M
    Market Cap/FDV
    100%
    Circulating Supply
    14.74 M NMC
    Total Supply
    21 M NMC
    Max Supply
    14.74 M NMC
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Namecoin (NMC) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.095%
    24H
    $+0.01000
    +3.49%
    7D
    $-0.05000
    -11.83%
    30D
    $-0.1000
    -21.16%
    1Y
    $-0.9800
    -72.11%

    Credibility Indicators

    66.88

    Reliability Score

    Rank #1

    # 2715

    Percentile

    TOP 20%

    Live Namecoin (NMC) Price Update

    Namecoin price today is $0.3793 with a 24-hour trading volume of $14167.1, and as such Namecoin has a market cap of $5.59 M, giving it a market dominance of 0.00022%. The Namecoin price moved 3.49% in the last 24 hours.

    Namecoin reached its highest price on 2013-11-29 when it was trading at its all-time high of $13.11, while its lowest price was recorded on 2023-05-26 when it was trading at its all-time low of $0.0009151. The current lowest price since the last cycle high was $0.0009151, and the highest price since the last cycle low was $13.11. The social sentiment of Namecoin is currently Positive.

    The current circulating supply of Namecoin is $14.74 M NMC. In terms of market cap, Namecoin is currently ranked 1977.

    About Namecoin (NMC)

    Namecoin is a domain name registry service and was the first coin to fork Bitcoin. Similar to registering a .com or .io domain name, you register a .bit domain on the network. This domain is censorship-resistant and impervious to activity tracking. Governments and large corporations control traditional domain name services (DNS) servers. This control is how the Chinese government, for instance, can block websites that go against their beliefs. To prevent this level of censorship, Namecoin uses blockchain technology to distribute its DNS amongst the users on the network. A pseudo-anonymous founder by the name of “Vince” created Namecoin in 2011. Since then, Vince has disappeared, but a core development team has kept the project alive. The project has several developers listed on the official website and benefits from the contributions of numerous anonymous developers as well. Namecoin has been fully functional for a few years, now, and the development team posts updates several times a month. Namecoin was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) for its consensus. By using AuxPow, Namecoin and Bitcoin can be mined simultaneously. In this consensus, the child blockchain depends on the proof-of-work of parent blockchain, which means If a new block is created on Bitcoin blockchain, it will also be added to the Namecoin blockchain. NameID is another technology brought by Namecoin. It serves as an open service for securely registering human-readable names in a decentralized way. NameID is a combination between Namecoin and OpenId, where users can easily convert their Namecoin Identities into OpenIDs. This makes NameID a solution to Zooko's triangle, which states that there are three desirable properties (Human-meaningful, Decentralized, and Secure) for name participants in a network protocol and any participant can only inherit two properties at a given time. Namecoin is among some earliest cryptocurrencies.

    FAQs

    1. What determines the price movement of Namecoin?

    There are two schools of thought in determining the price of Namecoin.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Namecoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Namecoin from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Namecoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Namecoin as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Namecoin and the cryptocurrency market as a whole.

    Namecoin Tokenomics

    Next Unlock Events

    Next Unlock Events

    NMC --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Unlock Rounds --

    --

    D

    0

    --

    Unlock Rounds --

    --

    D

    0

    --

    NMC --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Allocations

    Name
    Total
    Unlocked
    Locked
    No record

    Vesting Schedule

    Round
    Token Allocation
    TGE Unlock
    Cliff

    Unlocked

    Locked

    Next Unlock
    Summary
    No record
    Total
    Token Allocation
    Next Unlock
    Summary
    Total
    NMC 0

    Namecoin Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-29
    $6.23 M
    8062.27 NMC
    $0.4231
    N/A
    2024-04-28
    $6.22 M
    8310.98 NMC
    $0.4224
    $0.4231
    2024-04-27
    $6.25 M
    8332.62 NMC
    $0.4242
    $0.4224
    2024-04-26
    $6.34 M
    43306.18 NMC
    $0.4305
    $0.4242
    2024-04-25
    $6.56 M
    10172.38 NMC
    $0.4451
    $0.4305