Get up to $200 for getting started
Coinbase Logo
Sign in
Price
$0.0031
10/3/2022, 5:29:52 AM
diamondHands

Keep an eye on Nxt

Get instant alerts for major price changes.

Market

Market stats

Market cap

$3.1M

Volume (24h)

$25,943.04

Circulating supply

999.0M NXT

All time high

$2.16

Price change (1h)

+0.09%

Price change (24h)

-0.96%

Price change (7d)

-2.69%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Nxt is on the decline this week.

The price of Nxt has fallen by 2.69% in the past 7 days. The price declined by 0.96% in the last 24 hours. In just the past hour, the price grew by 0.09%. The current price is $0.003075 per NXT. Nxt is 99.86% below the all time high of $2.16.

The current circulating supply is 998,999,941.508 NXT.

About

What Is Nxt Token (NXT)?

Nxt token is the native token of the Nxt platform that is the first proof-of-stake and an open-source blockchain platform. Nxt is one of the early projects in the blockchain arena. Thus, it has proved over time that blockchain technology is not only for simple transfer of value but also can revolutionize many aspects of people’s lives with various kinds of decentralized applications that can be built with this technology. With various built-in features, Nxt aims to provide most of the DApp use cases and is suitable for private blockchain implementations.

Launched with an aim to help companies, startups, organizations, and individuals incorporate blockchain technology, Nxt offers various functionalities like tokenizing the product, crowdfunding, creating a poll, and allowing to trade products on a decentralized marketplace.  

Some of the main characteristics of the platform are as follows;

  • Nxt platform successfully implemented the energy-efficient and reliable proof-of-stake consensus mechanism that aims to require minimal hardware than the earlier proof-of-work counterpart.

  • The simple yet flexible architecture of the Nxt platform aims to make it easier for people to understand and adopt blockchain technology. The platform is suitable for any public or private use cases. 

  • Moreover, Nxt launched the first decentralized asset exchange (DEX) platform for trading tokens on top of Nxt. The orders were directly matched and executed on the Nxt blockchain itself.

  • Nxt blockchain network seeks to establish itself as a reliable solution for users. The platform has been live in production for many years now and has not experienced any significant bugs, downtimes, and any exploits or attacks so far. 

  • Nxt platform also supports multi-signature accounts, also known as multi-sig, which are the arrangements that require two or more private keys to approve the transaction.

NXT token has many use cases on the platform. These are used to establish consensus on the network by staking the native tokens by the users. The transaction fee is also paid in NXT tokens. In addition, assets can be traded for NXT only, and dividends are paid in NXT tokens on the Nxt DEX platform.  

History of Nxt (NXT)

Nxt blockchain solution is one of the products developed by Jelurida software development company and was launched on November 24, 2013. The platform is entirely coded in Java language. Lior Yaffe, Kristina Kalcheva, and Petko Petkov are the founders of the Jelurida company. 

As per the whitepaper, the maximum total supply of NXT tokens is 1 billion tokens. 

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Nxt in market cap.

FAQ

What is the current price of Nxt?

The price of 1 Nxt currently costs $0.0031.

What is the market cap of Nxt?

The current market cap of Nxt is $3.08M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Nxt?

The all-time high of Nxt is $2.16. This all-time high is highest price paid for Nxt since it was launched.

What is the 24 hour trading volume of Nxt?

Over the last 24 hours, the trading volume of Nxt is $25.94K.

What other assets are similar to Nxt?

Assets that have a similar market cap to Nxt include Belt Finance, Geeq, e-Money, and many others. To see a full list, see our comparable market cap assets.

How many Nxt are there?

The current circulating supply of Nxt is 999 million.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article