NEST Protocol (NEST) Price, Charts, and News | Coinbase: nest crypto, nest protocol crypto, nest coin

Name: NEST Protocol
Brand: Cryptocurrency
SKU: NEST
Price: 0.004331912430534 USD
Availability: InStock
Rating: 4.1 (195 reviews)

NEST Protocol

NEST

4.1

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NEST Protocol is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Market

Market stats

Market cap

$12.7M

Volume (24h)

$15.5M

Circulating supply

2.9B NEST

Typical hold time

7 days

Popularity

#188

All time high

$0.24

Price change (1h)

+0.83%

Price change (24h)

-2.6%

Price change (7d)

-7.43%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

NEST Protocol is on the decline this week.

The price of NEST Protocol has fallen by 7.43% in the past 7 days. The price declined by 2.60% in the last 24 hours. In just the past hour, the price grew by 0.83%. The current price is $0.0043 per NEST. NEST Protocol is 98.20% below the all time high of $0.24.

The current circulating supply is 2,911,743,948 NEST.

About

NEST is an Ethereum token that powers the NEST Protocol, a price prediction platform that aims to improve the crypto market. NEST is used to meet liquidity needs for the platform.

Resources



Whitepaper



Official website

What Is Nest Protocol (NEST)?

NEST Protocol is a secured decentralized oracle built on Ethereum that provides creative solutions using different modules. The NEST oracle primarily solves the problem of price on-chain through a decentralized incentive solution, the price predictor. To simplify, DeFi protocols depend on price data to reflect the asset price on an exchange. As per the whitepaper, price prediction oracles are important to the future of blockchain finance. Price data is generally manipulated and not verified, leading to the possibility of data attacks. Thus, the Nest Price Predictor directly verifies the price of the asset to ensure the information is timely and accurate. The system also avoids the risks of centralization.

The NEST Oracle determined price is captured on the blockchain, with each block recording a price. The price on each block is generated by a certain algorithm. This price is called the block-price or the Nest Price, which is the verified price of the asset.

NestNodes are an important part of the NEST Protocol ecosystem. As the source of power for NEST development, it provides numerous resources and funds for the early research and development of NEST. NestNodes provide benefits and influence from the NEST ecosystem including the governance rights to the NEST protocol via initiating and exercising votes on the network.

NEST is the native token of the Nest Protocol. NEST is a token issued on the Ethereum ERC20 protocol, with a total value of 1500 integers (to better reflect the decentralized characteristics of NEST Protocol). NestNodes carry out NEST transactions and circulation freely, and the holder group is distributed as follows:

Miners who participate in the prediction machine of NEST quotes are referred to as quoted miners.
Development refers to the NEST Protocol Developers Group.
Holders of a Guardian Node are early funders and supporters of the NEST Protocol.
Given that the quoted NEST mining quantity is 100, the quoted miner would receive 80, while the developer would receive 5, and the guardian would receive 15.

History of Nest Protocol

The total supply of NEST tokens is ten billion NEST.

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NEST Protocol Calculator

How much is 1 NEST?

Conversion Table

NEST/USD (United States Dollar)

$0.0043

NEST/CAD (Canadian Dollar)

CA$0.0059

NEST/GBP (British Pound)

£0.0036

NEST/JPY (Japanese Yen)

¥0.65

NEST/INR (Indian Rupee)

₹0.36

NEST/BRL (Real)

R$0.0218

NEST/EUR (Euro)

€0.0041

NEST/NGN (Nigerian Naira)

NGN 3.35

NEST/KRW (South Korean Won)

₩5.86

NEST/SGD (Singapore Dollar)

S$0.0059

Reading List

News

The Block • Sep 27, 23

Bitcoin’s correlation with equities continuing to diverge

The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.

Decrypt • Sep 27, 23

You Can Now Trade Bitcoin Mining Hashpower on Arbitrum

The Lumerin Hashpower Marketplace creates a novel method for decentralizing Bitcoin's global hashrate and makes mining accessible to retail investors.

Unchained • Sep 27, 23

SEC Chair Gensler Says Bitcoin Isn’t a Security

Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on

CoinDesk • Sep 27, 23

The Protocol: Google Pushes Deeper into Blockchain

Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.

CoinDesk • Sep 27, 23

With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)

There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.

The Block • Sep 27, 23

FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance

Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.

Guides

Coinbase

How to Buy NEST Protocol

You can buy NEST Protocol using Coinbase Wallet, your key to the world of crypto. We wrote a guide on how you can buy NEST Protocol using Coinbase wallet.

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FAQ

What is the current price of NEST Protocol?

We update our NEST Protocol to USD currency in real-time. Get the live price of NEST Protocol on Coinbase.

What is the market cap of NEST Protocol?

The current market cap of NEST Protocol is $12.67M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of NEST Protocol?

The all-time high of NEST Protocol is $0.24. This all-time high is highest price paid for NEST Protocol since it was launched.

What is the 24 hour trading volume of NEST Protocol?

Over the last 24 hours, the trading volume of NEST Protocol is $15.55M.

What other assets are similar to NEST Protocol?

Assets that have a similar market cap to NEST Protocol include UNCX Network, KILT Protocol, Opulous, and many others. To see a full list, see our comparable market cap assets.

How many NEST Protocol are there?

The current circulating supply of NEST Protocol is 2.9 billion.

What is the typical holding time of NEST Protocol?

The median time that Coinbase customers hold NEST Protocol before selling it or sending it to another account or address is 7 days.

What is the relative popularity of NEST Protocol?

NEST Protocol ranks 216 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of NEST Protocol?

Currently, 97% of Coinbase users are buying NEST Protocol. In other words, 97% of Coinbase customers have increased their net position in NEST Protocol over the past 24 hours through trading.

Can I buy NEST Protocol on Coinbase?

Yes, NEST Protocol is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy NEST Protocol guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.