Nimiq Trading 6.3% Higher Over Last Week (NIM)

Nimiq (CURRENCY:NIM) traded up 1.4% against the US dollar during the 1 day period ending at 9:00 AM ET on June 11th. Nimiq has a total market capitalization of $50.02 million and approximately $964,476.00 worth of Nimiq was traded on exchanges in the last day. One Nimiq coin can now be bought for about $0.0063 or 0.00000017 BTC on exchanges. In the last week, Nimiq has traded 6.3% higher against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $37,527.03 or 1.00000000 BTC.
  • Ethereum (ETH) traded down 2.4% against the dollar and now trades at $2,478.93 or 0.06605714 BTC.
  • Dogecoin (DOGE) traded down 3.2% against the dollar and now trades at $0.32 or 0.00000863 BTC.
  • Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $171.46 or 0.00456905 BTC.
  • Bitcoin Cash (BCH) traded down 1.3% against the dollar and now trades at $609.87 or 0.01625136 BTC.
  • Ethereum Classic (ETC) traded down 0.2% against the dollar and now trades at $59.76 or 0.00159239 BTC.
  • Monero (XMR) traded 6.6% lower against the dollar and now trades at $256.00 or 0.00682182 BTC.
  • Bitcoin SV (BSV) traded up 0.2% against the dollar and now trades at $170.65 or 0.00454737 BTC.
  • UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $2.41 or 0.00006431 BTC.
  • Zcash (ZEC) traded down 4.9% against the dollar and now trades at $134.33 or 0.00357950 BTC.

Nimiq Coin Profile

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

Argon2id

hashing algorithm. Its genesis date was June 6th, 2017. Nimiq’s total supply is 8,540,673,110 coins and its circulating supply is 7,879,173,110 coins. The Reddit community for Nimiq is /r/Nimiq and the currency’s Github account can be viewed here. Nimiq’s official website is nimiq.com. 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.

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 trade Nimiq should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nimiq using one of the exchanges listed above.

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