NOM declined roughly

↘37%

over the past month while trading activity remained limited with a 12-to-1 sell-to-buy ratio over the past 24 hours.

Price declines with limited supply in market

Price moved roughly

↘9%

over the past week while only about 39% of the total supply is currently in circulation, with the remaining 61% yet to enter the market.

Trading activity remains quiet

Trading volume fell roughly

↘48%

over the past week while the number of unique traders declined roughly

↘28%

over the past 24 hours, with the price sitting near its 24-hour low.

Performance trails DeFi peers

Over the past month, the asset trailed DeFi category peers by roughly

↘13%

as the broader category declined roughly

↘41%

over the past year.