Nimiq (NIM) Price Reaches $0.0035

Nimiq (CURRENCY:NIM) traded 5.3% lower against the U.S. dollar during the one day period ending at 23:00 PM ET on September 21st. One Nimiq coin can now be bought for approximately $0.0035 or 0.00000008 BTC on popular exchanges. Nimiq has a market cap of $29.40 million and approximately $945,896.00 worth of Nimiq was traded on exchanges in the last day. In the last week, Nimiq has traded 17.8% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $42,349.00 or 1.00000000 BTC.
  • Ethereum (ETH) traded 4.3% lower against the dollar and now trades at $2,883.32 or 0.06808467 BTC.
  • Dogecoin (DOGE) traded 1.9% lower against the dollar and now trades at $0.21 or 0.00000489 BTC.
  • Litecoin (LTC) traded 5.5% lower against the dollar and now trades at $152.49 or 0.00360082 BTC.
  • Bitcoin Cash (BCH) traded down 4.4% against the dollar and now trades at $519.29 or 0.01226213 BTC.
  • Ethereum Classic (ETC) traded down 4.3% against the dollar and now trades at $47.51 or 0.00112198 BTC.
  • Bitcoin Cash ABC (BCHA) traded 3% higher against the dollar and now trades at $231.20 or 0.00545930 BTC.
  • Monero (XMR) traded down 2.3% against the dollar and now trades at $226.63 or 0.00535159 BTC.
  • UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $3.01 or 0.00007117 BTC.
  • Bitcoin SV (BSV) traded 9.2% higher against the dollar and now trades at $150.07 or 0.00354368 BTC.

Nimiq Profile

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

Argon2id

hashing algorithm. It was first traded on June 6th, 2017. Nimiq’s total supply is 8,969,046,684 coins and its circulating supply is 8,307,546,684 coins. Nimiq’s official message board is medium.com/nimiq-network. The official website for Nimiq is nimiq.com. 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.

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 presently possible to buy alternative cryptocurrencies such as Nimiq directly using US dollars. Investors seeking to trade Nimiq should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, 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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