The Blockchain – powered NameCoin (NMC) rose by 1.15% on April 16-17

April 17, 2018 - By Linda Rogers

NameCoin (NMC) had a good 24 hours as the crypto jumped $0.0193000000000001 or 1.15% trading at $1.6929. According to Global Cryptocoin Analysts, NameCoin (NMC) eyes $1.86219 target on the road to $4.40211942893987. NMC last traded at Poloniex exchange. It had high of $1.7428 and low of $1.6406 for April 16-17. The open was $1.6736.
Exchange Buy Sell NMC At Best Rate


NameCoin (NMC) is up 0.17% in the last 30 days from $1.69 per coin. Its down -70.30% in the last 100 days since when traded at $5.7 and the annual trend is up. 200 days ago NMC traded at $1.35. NMC has 14.74M coins mined giving it $24.95 million market cap. NameCoin maximum coins available are 21.00M. NMC uses SHA256 algorithm and PoW proof type. It was started on 18/04/2011.

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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