Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. The current market sentiment of NMC tokens is neutral with 18 technical analysis indicators showing bullish trends and 15 technical analysis indicators showing bearish trends. Namecoin (NMC) is currently trading within a range of $0.5775 to $0.7227, with these levels serving as key support and resistance levels.
Namecoin Markets
When the price falls below the lower band, it may indicate that the asset is oversold and a buy signal. The 14-day relative strength index (RSI) is currently at 63.37, indicating Natural conditions in the market without being oversold or overbought. Similarly, the weekly chart’s relative strength index (RSI) is at 46.31, also indicating natural conditions in the market. Bitcoin’s dominance is currently 58.88%, a decrease of 0.24% over the day.
- These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability.
- The volume of all stable coins is now $142.38B, which is 90.86% of the total crypto market 24-hour volume.
- The data name/value pair is a computer-readable address with a human-readable name.
- Therefore, while it has the potential to rally quickly, it can also drop just as fast.
Namecoin (NMC) Market Analysis
Monthly performance data shows the change in price of a cryptocurrency month over month. Analyzing monthly performance data, can help to identify patterns, market cycles, and potential opportunities for buying or selling an asset. It is important to note, however, that past performance does not guarantee future results and that cryptocurrency prices are notoriously volatile, making accurate predictions difficult. Also, you can check full Namecoin price history for more details.
They can be used as art, a way to share QR codes, ticketing and many more things. The first breakout use was for art, with projects like CryptoPunks and Bored Ape Yacht Club gaining large followings. We also list all of the top NFT collections available, including the related NFT coins and tokens.. We collect latest sale and transaction data, plus upcoming NFT collection launches onchain.
Namecoin Support and resistance levels
CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs. Namecoin (NMC) has a circulating supply of 15 million coins and is currently ranked at #833 based on its market capitalization, which stands at $10 million. Namecoin reached its peak price on November 29, 2013 and has recorded an all-time high price of $11.46. For the previous 52 weeks, the lowest and highest value forNamecoinwas $0.1842and $1.26.
The volume of all stable coins is now $142.38B, which is 90.86% of the total crypto market 24-hour volume. Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, namecoin price prediction and they can be used for a multitude of purposes due to their stability.
Jay Dawson, a cryptocurrency expert based in Dallas, TX, is passionate about sharing knowledge on Bitcoin and other cryptocurrencies, ensuring traders stay updated with the latest trends. His goal is to empower others with valuable insights into the dynamic crypto market. As of Nov 18, Namecoin has a market capitalization of $10.4 Million and is ranked #833 among all cryptocurrencies.
In those situations, our Dexscan product lists them automatically by taking on-chain data for newly created smart contracts. We do not cover every chain, but at the time of writing we track the top 70 crypto chains, which means that we list more than 97% of all tokens. Here at CoinMarketCap, we work very hard to ensure that all the relevant and up-to-date information about cryptocurrencies, coins and tokens can be located in one easily discoverable place. The total crypto market volume over the last 24 hours is $156.7B, which makes a 10.79% decrease. The total volume in DeFi is currently $9.35B, 5.96% of the total crypto market 24-hour volume.
November is the best month, and September is the worst by analysing data of the last twelve years.