May 13-14 was a good day for NameCoin (NMC) after 0.04% rise

May 14, 2018 - By Kurt Siggers

It was good day for NameCoin (NMC), as it jumped by $0.000837664999999932 or 0.04%, touching $1.927467165. Global Cryptocoin Experts believe that NameCoin (NMC) is looking for the $2.1202138815 goal. According to 3 analysts could reach $3.56620066042957. The highest price was $1.9601361 and lowest of $1.90485021 for May 13-14. The open was $1.9266295. It last traded at Poloniex exchange. Aproximately 1 NMC worth $2 was traded.

For a month, NameCoin (NMC) tokens went up 16.82% from $1.65 for coin. For 100 days NMC is down -34.66% from $2.95. It traded at $1.13 200 days ago. NameCoin (NMC) has 14.74M coins mined with the market cap $28.40M. It has 21.00M coins in circulation. It was founded on 18/04/2011. The Crypto NMC has PoW proof type and operates under SHA256 algorithm.

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.

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