Nxt NXT

Find more information about Nxt including social sentiment and CP Risk Score.

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Category

Blockchain Platform

Price

USD 0.017274

CHG % (24H)

3.84 %

CHG % (7D)

-6.87%

Social Sent.

Neutral

CPR Score

5

Fundamentals

Circulating Supply
998,999,942
Total Supply
998,999,942
Max Supply
1,000,000,000
Product Status
Fully working
Consensus Method
PoS/LPoS
Algorithm
PoS

Social Sentiment Social sentiment analysis Twitter posts and reflects how wider public feels about one or another coin at this particular moment of time. Info

Coin Risk Assessment The CPR Score is a cryptocurrency risk score combining Liquidity, Market and Issuer Risk. Info BETA

  • 5/10

Liquidity Risk Liquidity risk is the risk that stems from the lack of marketability of an coin that cannot be bought or sold quickly enough to prevent or minimize a loss. Info

5/10

Market Risk Market risk is the risk of losses in positions arising from movements in cryptocurrency market prices. Info

5/10

Issuer Risk Issuer risk is addressing the various risks associated with the specific coin itself. This contains a variety of risk metrics related to the product, its market, developer and social community. Info

4/10

Price Movement

1H +0.09%
30d -27.55%
90d -47.3%
Volatility 7d 2.81%
Volatility 30d 3.47%
Max Drawdown -58.23%

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Nxt (NXT)

Historical Price & Volume Charts

Description

Nxt is considered a 2nd generation crypto currency. With all the alt coins that alter parametes such as hashing mechanism, time between blocks, starting difficulty, and so on, Nxt brings much much more to the table and was designed this way for a number of reasons. It's proof of stake model makes it less susceptible to 51% attacks whilst it is designed to support large transaction volumes, something which the traditional Bitcoin and its clones have as a potential flaw. Nxt allows the creation and exchange of custom tokens, coloured coins and assets on the Blockchain.

In 2016, the NXT team announced the launch of Ardor, the Nxt 2.0. The platform will allow users the same features as Nxt and additional tools like sidechain support for asset issuance and more. The destribution of the ARDR token was done through a snapshot process, which is the reason for the price spike during late 2016.

Genesis Date: 2014-12-11

Website: http://nxt.org/

Date Price Volume
Elipse