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Namecoin (CURRENCY:NMC) traded 0.3% lower against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on February 10th.
Namecoin has a total market capitalization of $36.77 million and approximately $239,340.00 worth of Namecoin was traded on exchanges in the last 24 hours. One Namecoin coin can now be purchased for about $2.
49 or 0.00029816 BTC on major exchanges including WEX, Bittylicious, Bleutrade and YoBit.
In the last seven days, Namecoin has traded 17.9% lower against the U.
S. dollar.
Here is how related cryptocurrencies have performed in the last 24 hours: Get Namecoin alerts: Bitcoin (BTC) traded 2.
3% lower against the dollar and now trades at $8,442.25 or 1. BTC. Bitcoin Cash (BCH) traded 5.2% lower against the dollar and now trades at $1,229.
48 or 0.14693000 BTC. Steem (STEEM) traded 0.9% higher against the dollar and now trades at $4.
27 or 0.00051066 BTC. PACcoin (PAC) traded up 8.4% against the dollar and now trades at $0.
0000 or 0. BTC. Counterparty (XCP) traded down 10.3% against the dollar and now trades at $27.
33 or 0.00326563 BTC. Crown (CRW) traded 4.7% higher against the dollar and now trades at $2.
55 or 0.00030505 BTC. Unobtanium (UNO) traded up 1% against the dollar and now trades at $138.88 or 0.01659750 BTC. ATBCoin (ATB) traded 0.
7% higher against the dollar and now trades at $0.39 or 0.00004642 BTC. CHIPS (CHIPS) traded 10% lower against the dollar and now trades at $0.32 or 0.00003804 BTC. Terracoin (TRC) traded 12.
7% higher against the dollar and now trades at $0.22 or 0.00002599 BTC.
About Namecoin
Namecoin is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was April 19th, 2011. Namecoin’s total supply is 14,736,400 coins. The Reddit community for Namecoin is /r/namecoin and the currency’s Github account can be viewed here .
Namecoin’s official website is www.namecoin.org . Namecoin’s official Twitter account is @namecoin and its Facebook page is accessible here .
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. “
Buying and Selling Namecoin
Namecoin can be traded on these cryptocurrency exchanges: Bleutrade, BX Thailand, YoBit, Tux Exchange, Livecoin, WEX, Bittylicious, Cryptopia, Altcoin Trader, Poloniex and SouthXchange.
It is not presently possible to purchase Namecoin directly using US dollars. Investors seeking to trade Namecoin must first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Namecoin using one of the aforementioned exchanges.
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