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    Nacho Finance

    NACHO

    Rank #9508

    $0.06510

    +0.44%
    24H Low$0.06481
    $0.0653424H High
    24H Volume
    $17.03
    All-Time High(ATH)
    $26.12
    All-Time Low(ATL)
    $0.02555
    Market Cap
    $--
    Fully Diluted Valuation
    $6.51 M
    Market Cap/FDV
    Circulating Supply
    -- NACHO
    Total Supply
    264755 NACHO
    Max Supply
    100 M NACHO
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Nacho Finance (NACHO) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.27%
    24H
    $--
    +0.44%
    7D
    $--
    -3.82%
    30D
    $-0.02000
    -25.86%
    1Y
    $-0.2900
    -81.52%

    Live Nacho Finance (NACHO) Price Update

    Nacho Finance price today is $0.06510 with a 24-hour trading volume of $17.03, and as such Nacho Finance has a market cap of $--, giving it a market dominance of 4.48%. The Nacho Finance price moved 0.4400% in the last 24 hours.

    Nacho Finance reached its highest price on 2022-09-12 when it was trading at its all-time high of $26.12, while its lowest price was recorded on 2023-06-12 when it was trading at its all-time low of $0.02555. The current lowest price since the last cycle high was $0.02555, and the highest price since the last cycle low was $26.12. The social sentiment of Nacho Finance is currently Positive.

    The current circulating supply of Nacho Finance is $-- NACHO. In terms of market cap, Nacho Finance is currently ranked 9508.

    About Nacho Finance (NACHO)

    Nacho Finance was inspired by tomb.finance and is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network. Nacho Finance is a multi-token protocol that consists of the following three tokens: - Nacho Token (NACHO) (Medium of exchange) - Nacho Shares (NSHARE) (Governance & Measure of protocol value) - Nacho Bonds (NBOND) (Change NACHO supply during contraction periods) The NACHO algorithmic token serves as the backbone of our growing ecosystem aimed at bringing high APRs to ETH holders on the Polygon Network. The protocol's underlying mechanisms dynamically adjust NACHO's supply, pushing its price up or down relative to the price of ETH in order to keep NACHO's peg to the ETH price. NACHO Shares (NSHARE) are one of the ways to measure the value of the NACHO Protocol and shareholder trust in its ability to maintain NACHO close to peg. During epoch expansions the protocol mints NACHO and distributes it proportionally to all NSHARE holders who have staked their tokens in the Bowl. Additionally, NSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the NACHO money ecosystem. NACHO Bonds (NBOND) main job is to help incentivize changes in NACHO supply during an epoch contraction period.

    FAQs

    1. What determines the price movement of Nacho Finance?

    There are two schools of thought in determining the price of Nacho Finance.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Nacho Finance, 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 Nacho Finance 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 Nacho Finance 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 Nacho Finance 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 Nacho Finance and the cryptocurrency market as a whole.

    Nacho Finance Tokenomics

    Next Unlock Events

    Next Unlock Events

    NACHO --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Unlock Rounds --

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    NACHO --

    (--% Total Supply)

    $--

    (--% Market Cap)

    Allocations

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    No record

    Vesting Schedule

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    NACHO 0

    Nacho Finance Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-23
    $--
    17.09 NACHO
    $0.06533
    N/A
    2024-04-22
    $--
    21.8 NACHO
    $0.06334
    $0.06533
    2024-04-20
    $--
    14.97 NACHO
    $0.06255
    $0.06334