Novacoin (NVC) Reaches Market Capitalization of $761,085.10

Novacoin (CURRENCY:NVC) traded up 1.9% against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on November 25th. One Novacoin coin can currently be bought for approximately $0.33 or 0.00000552 BTC on popular cryptocurrency exchanges. Novacoin has a market capitalization of $761,085.10 and $1,020.00 worth of Novacoin was traded on exchanges in the last 24 hours. Over the last week, Novacoin has traded 10.1% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Wrapped Bitcoin (WBTC) traded up 3.8% against the dollar and now trades at $58,602.10 or 0.99312954 BTC.
  • Cosmos (ATOM) traded 0.7% higher against the dollar and now trades at $30.05 or 0.00050934 BTC.
  • Creditcoin (CTC) traded 2.7% higher against the dollar and now trades at $2.48 or 0.00004201 BTC.
  • Function X (FX) traded 4.1% higher against the dollar and now trades at $0.99 or 0.00001682 BTC.
  • Phantasma (SOUL) traded up 3.8% against the dollar and now trades at $2.98 or 0.00005044 BTC.
  • Venus (XVS) traded 0.9% higher against the dollar and now trades at $24.17 or 0.00040961 BTC.
  • Tranchess (CHESS) traded 3.7% lower against the dollar and now trades at $2.43 or 0.00004114 BTC.
  • Galaxy Heroes Coin (GHC) traded up 5.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Reflexer Ungovernance Token (FLX) traded 31.5% higher against the dollar and now trades at $394.67 or 0.00668854 BTC.
  • Numbers Protocol (NUM) traded up 18.4% against the dollar and now trades at $2.00 or 0.00003398 BTC.

Novacoin Profile

Novacoin is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on February 9th, 2013. Novacoin’s total supply is 2,335,757 coins. Novacoin’s official Twitter account is @MarketNvc and its Facebook page is accessible here. The official website for Novacoin is novacoin.org. The Reddit community for Novacoin is /r/Novacoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Novacoin is a hybrid scrypt Proof-of-Work + Proof-of-Stake based cryptocurrency operating with no central authority via peer-to-peer open source network.┬áNovacoin has no hard cap except for the 2 billion coin max that has been entered for coding purposes; this can be lifted in the future if needed. “

Novacoin Coin Trading

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

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