Nimiq 24-Hour Trading Volume Tops $1.40 Million (NIM)

Nimiq (CURRENCY:NIM) traded up 12.5% against the U.S. dollar during the 1 day period ending at 12:00 PM Eastern on October 14th. In the last week, Nimiq has traded down 32.5% against the U.S. dollar. Nimiq has a total market cap of $53.26 million and approximately $1.40 million worth of Nimiq was traded on exchanges in the last 24 hours. One Nimiq coin can currently be bought for approximately $0.0063 or 0.00000011 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded 2.3% higher against the dollar and now trades at $57,403.19 or 1.00000000 BTC.
  • Ethereum (ETH) traded 9.1% higher against the dollar and now trades at $3,802.11 or 0.06623512 BTC.
  • Dogecoin (DOGE) traded up 3.6% against the dollar and now trades at $0.23 or 0.00000408 BTC.
  • Litecoin (LTC) traded 4.2% higher against the dollar and now trades at $181.57 or 0.00316310 BTC.
  • Bitcoin Cash (BCH) traded up 2.9% against the dollar and now trades at $599.64 or 0.01044611 BTC.
  • Ethereum Classic (ETC) traded 4.7% higher against the dollar and now trades at $54.63 or 0.00095174 BTC.
  • Monero (XMR) traded down 1.6% against the dollar and now trades at $269.13 or 0.00468849 BTC.
  • Bitcoin Cash ABC (BCHA) traded 2.3% lower against the dollar and now trades at $195.36 or 0.00340325 BTC.
  • Bitcoin SV (BSV) traded 0.1% higher against the dollar and now trades at $171.55 or 0.00298855 BTC.
  • UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $2.79 or 0.00004863 BTC.

About Nimiq

Nimiq (CRYPTO: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 9,061,250,458 coins and its circulating supply is 8,447,000,458 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. “

Buying and Selling Nimiq

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

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