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New BitShares

NBS

Price
$0.000520
12/8/2022, 10:39:26 PM
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Market

Market stats

Market cap

$1.4M

Volume (24h)

$158,257.85

Circulating supply

2.6B NBS

All time high

$0.0500

Price change (1h)

-0.04%

Price change (24h)

-9.59%

Price change (7d)

-12.69%

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New BitShares is on the decline this week.

The price of New BitShares has fallen by 12.69% in the past 7 days. The price declined by 9.59% in the last 24 hours. In just the past hour, the price shrunk by 0.04%. The current price is $0.000520 per NBS. New BitShares is 98.96% below the all time high of $0.0500.

The current circulating supply is 2,607,670,560 NBS.

About

What Is New BitShares (NBS)?

New BitShares is a fork of the BitShares (BTS) network. According to the official website, New BitShares is an open-source platform that uses advanced Graphene technology to build a fast and stable DeFi and DEX platform. Graphene is a blockchain technology that performs many transactions and allows mass adoption of apps built on it. The platform carries out mining in three ways: gold standard, coin standard, and referral standard for financial ecology. The aim is to target the development of blockchain DEX and DeFi projects.

New BitShares aims to provide the following solutions:

  • Asset issuance platform: The platform allows users to issue their tokens, assets, and certificates at a nominal fee. Moreover, the assets issued on the platform are easy to operate, satisfy the needs of different assets, and boost the chain and real economy.  

  • Cross-chain interaction: The platform allows two or more blockchains to trade assets based on automatic exchange contracts and transactional agreements.

  • DEX: The user can trade all types of assets on the DEX platform. One can also generate physical bills on mobile platforms by applying extensions for safe and secured transactions saved on the blockchain.

 NBS is the utility token of the New BitShares platform. The users can use NBS tokens to make transactions.

Moreover, the platform has a decentralized autonomous organization (DAO) community for governance. The community consists of NBS investors and blockchain enthusiasts with strong cohesion that functions as a delegated proof-of-stake (DPoS) consensus mechanism. In DPoS, the community allows any organization to vote and eliminate the ongoing assets or activities. The members can freely decide if the community program needs modification or not. 

History of New BitShares (NBS)

Daniel Larimer, Stan Larimer, and Charles Hoskinson founded the BTS network. However, the fork came into existence on September 13, 2020.

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FAQ

What is the current price of New BitShares?

The price of 1 New BitShares currently costs $0.000520.

What is the market cap of New BitShares?

The current market cap of New BitShares is $1.36M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of New BitShares?

The all-time high of New BitShares is $0.0500. This all-time high is highest price paid for New BitShares since it was launched.

What is the 24 hour trading volume of New BitShares?

Over the last 24 hours, the trading volume of New BitShares is $158.26K.

What other assets are similar to New BitShares?

Assets that have a similar market cap to New BitShares include Polytrade, Nebulas, Bridge Oracle, and many others. To see a full list, see our comparable market cap assets.

How many New BitShares are there?

The current circulating supply of New BitShares is 2.6 billion.