Nimiq Achieves Market Capitalization of $32.85 Million (NIM)

Nimiq (CURRENCY:NIM) traded 4% higher against the U.S. dollar during the 1 day period ending at 19:00 PM Eastern on September 23rd. During the last week, Nimiq has traded 5% lower against the U.S. dollar. Nimiq has a total market capitalization of $32.85 million and $1.06 million worth of Nimiq was traded on exchanges in the last 24 hours. One Nimiq coin can now be bought for about $0.0040 or 0.00000009 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded 2.7% higher against the dollar and now trades at $44,719.05 or 1.00000000 BTC.
  • Ethereum (ETH) traded up 2.2% against the dollar and now trades at $3,134.72 or 0.07009811 BTC.
  • Dogecoin (DOGE) traded down 1.1% against the dollar and now trades at $0.22 or 0.00000499 BTC.
  • Litecoin (LTC) traded up 1.5% against the dollar and now trades at $163.30 or 0.00365173 BTC.
  • Bitcoin Cash (BCH) traded up 0.4% against the dollar and now trades at $548.25 or 0.01225988 BTC.
  • Ethereum Classic (ETC) traded down 0.3% against the dollar and now trades at $51.00 or 0.00114039 BTC.
  • Monero (XMR) traded up 1.8% against the dollar and now trades at $247.66 or 0.00553805 BTC.
  • Bitcoin Cash ABC (BCHA) traded 1.4% lower against the dollar and now trades at $238.63 or 0.00533616 BTC.
  • UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $3.01 or 0.00006727 BTC.
  • Bitcoin SV (BSV) traded down 0.8% against the dollar and now trades at $145.68 or 0.00325773 BTC.

About Nimiq

Nimiq (NIM) is a proof-of-work (PoW) coin that uses the

Argon2id

hashing algorithm. It launched on June 6th, 2017. Nimiq’s total supply is 8,976,520,314 coins and its circulating supply is 8,315,020,314 coins. Nimiq’s official message board is medium.com/nimiq-network. Nimiq’s official Twitter account is @nimiq and its Facebook page is accessible here. Nimiq’s official website is nimiq.com. The Reddit community for Nimiq is /r/Nimiq and the currency’s Github account can be viewed here.

According to CryptoCompare, “Nimiq is a browser-based blockchain & ecosystem Written in Javascript ES6 designed to make cryptocurrency easier for the end-user. Using WebRTC and WebSocket connections, Nimiq's ecosystem native to the web, allowing users to sync in seconds and to mine directly from the browser. The NIM token was rebranded from the NET and it's the native token that powers the Nimiq Blockchain. Regarding the block reward reduction, it starts with 4965 NIM and is reduced in a curved fashion proportional to the block height and remaining Nimiq supply. The reward remains constant once a certain block height is reached. “

Buying and Selling Nimiq

It is usually not possible to purchase alternative cryptocurrencies such as Nimiq directly using US dollars. Investors seeking to trade Nimiq should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nimiq using one of the exchanges listed above.

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