Nimiq Trading 0.6% Lower Over Last Week (NIM)

Nimiq (CURRENCY:NIM) traded 0.8% higher against the U.S. dollar during the 1-day period ending at 7:00 AM E.T. on February 13th. One Nimiq coin can currently be purchased for $0.0031 or 0.00000007 BTC on cryptocurrency exchanges. During the last week, Nimiq has traded down 0.6% against the U.S. dollar. Nimiq has a market capitalization of $28.05 million and $842,348.00 worth of Nimiq was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.5% higher against the dollar and now trades at $42,565.05 or 1.00000000 BTC.
• Ethereum (ETH) traded up 0.5% against the dollar and now trades at $2,935.50 or 0.06896511 BTC.
• Dogecoin (DOGE) traded 6.9% higher against the dollar and now trades at $0.15 or 0.00000358 BTC.
• Litecoin (LTC) traded 1.8% higher against the dollar and now trades at $126.99 or 0.00298333 BTC.
• Bitcoin Cash (BCH) traded 3% higher against the dollar and now trades at $327.54 or 0.00769504 BTC.
• UNUS SED LEO (LEO) traded 2.3% higher against the dollar and now trades at $5.90 or 0.00013855 BTC.
• Ethereum Classic (ETC) traded 5.6% higher against the dollar and now trades at $33.58 or 0.00078889 BTC.
• The Sandbox (SAND) traded 0.1% lower against the dollar and now trades at $4.23 or 0.00009930 BTC.
• Monero (XMR) traded 3.3% higher against the dollar and now trades at $174.20 or 0.00409267 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $94.53 or 0.00222085 BTC.

Nimiq Coin Profile

NIM 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 9,547,404,186 coins and its circulating supply is 8,933,154,186 coins. The official website for Nimiq is nimiq.com. Nimiq’s official Twitter account is @nimiq and its Facebook page is accessible here. The Reddit community for Nimiq is /r/Nimiq and the currency’s Github account can be viewed here. Nimiq’s official message board 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. “

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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nimiq using one of the aforementioned exchanges.