Namecoin Tops 24 Hour Volume of $541.00 (NMC) Posted by Cindy Kellogue on Oct 6th, 2020
Namecoin (CURRENCY:NMC) traded 12.7% higher against the dollar during the 24-hour period ending at 0:00 AM ET on October 5th.Namecoin has a market cap of $6.00 million and $541.00 worth of Namecoin was traded on exchanges in the last day.One Namecoin coin can now be bought for $0.41 or 0.00003779 BTC on popular exchanges.During the last seven days, Namecoin has traded 6.8% higher against the dollar.
Here is how related cryptocurrencies have performed during the last day: Get Namecoin alerts: Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $10,782.38 or 1.BTC.Bitcoin Cash (BCH) traded 0.7% higher against the dollar and now trades at $222.72 or 0.02065565 BTC.Steem (STEEM) traded 0.3% higher against the dollar and now trades at $0.16 or 0.00001454 BTC.
Unobtanium (UNO) traded 1.8% lower against the dollar and now trades at $61.83 or 0.00573431 BTC.
Counterparty (XCP) traded 3% lower against the dollar and now trades at $1.29 or 0.00011939 BTC.DAOBet (BET) traded down 6.7% against the dollar and now trades at $0.0121 or 0.113 BTC.Crown (CRW) traded up 1% against the dollar and now trades at $0.0658 or 0.
610 BTC.Terracoin (TRC) traded up 11.1% against the dollar and now trades at $0.0616 or 0.571 BTC.Color Platform (CLR) traded down 4.3% against the dollar and now trades at $0.0079 or 0.74 BTC.CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0205 or 0.
392 BTC.
Namecoin Coin Profile Namecoin (CRYPTO:NMC) 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.
Namecoin’s official website is www.namecoin.org .The Reddit community for Namecoin is /r/namecoin and the currency’s Github account can be viewed here .Namecoin’s official Twitter account is @namecoin and its Facebook page is accessible here .
According to CryptoCompare, “It is based on the code of bitcoin and uses the same proof-of-work algorithm.
It is limited to 21 million coins.Each Namecoin record consists of a key and a value which can be up to 520 bytes in size.Each key is actually a path, with the namespace preceding the name of the record.The key d/example signifies a record stored in the DNS namespace d with the name example and corresponds to the record for the example.bit website.
The content of d/example is expected to conform to the DNS namespace specification.The current fee for a record is 0.01 NMC and records expire after 36000 blocks (~200 days) unless updated or renewed.
Namecoins used to purchase records are marked as used and destroyed, as giving the fee to miners would enable larger miners to register names at a significant discount.“
Buying and Selling Namecoin
Namecoin can be bought or sold on the following cryptocurrency exchanges: .
It is usually not presently possible to buy alternative cryptocurrencies such as Namecoin directly using US dollars.Investors seeking to trade Namecoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase .Investors can then use their newly-acquired Bitcoin or Ethereum to buy Namecoin using one of the exchanges listed above.
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