Nimiq Price Reaches $0.0117 (NIM)

Nimiq (CURRENCY:NIM) traded 7.4% higher against the dollar during the 1 day period ending at 17:00 PM E.T. on April 8th. One Nimiq coin can currently be bought for $0.0117 or 0.00000020 BTC on major exchanges. During the last week, Nimiq has traded 6% lower against the dollar. Nimiq has a total market cap of $89.05 million and $2.37 million worth of Nimiq was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded 2.7% higher against the dollar and now trades at $57,698.20 or 1.00000000 BTC.
  • Ethereum (ETH) traded 3.5% higher against the dollar and now trades at $2,054.92 or 0.03561499 BTC.
  • Litecoin (LTC) traded 1.9% higher against the dollar and now trades at $223.58 or 0.00387492 BTC.
  • Bitcoin Cash (BCH) traded up 2% against the dollar and now trades at $630.45 or 0.01092666 BTC.
  • Dogecoin (DOGE) traded up 2.3% against the dollar and now trades at $0.0608 or 0.00000105 BTC.
  • Monero (XMR) traded 3.6% higher against the dollar and now trades at $271.18 or 0.00470004 BTC.
  • Bitcoin SV (BSV) traded up 3.6% against the dollar and now trades at $243.46 or 0.00421962 BTC.
  • Ethereum Classic (ETC) traded up 4.1% against the dollar and now trades at $19.35 or 0.00033534 BTC.
  • UNUS SED LEO (LEO) traded up 1% against the dollar and now trades at $2.10 or 0.00003645 BTC.
  • Zcash (ZEC) traded up 6.3% against the dollar and now trades at $180.83 or 0.00313401 BTC.

About Nimiq

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

Argon2id

hashing algorithm. Its launch date was June 6th, 2017. Nimiq’s total supply is 8,257,186,900 coins and its circulating supply is 7,595,686,900 coins. The Reddit community for Nimiq is /r/Nimiq and the currency’s Github account can be viewed here. Nimiq’s official Twitter account is @nimiq and its Facebook page is accessible here. The official message board for Nimiq is medium.com/nimiq-network. Nimiq’s official website is nimiq.com.

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. “

Nimiq Coin Trading

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

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