Nxt (NXT) Hits Market Cap of $2.47 Million

Nxt (NXT) traded down 35.9% against the US dollar during the 24-hour period ending at 15:00 PM Eastern on July 4th. Over the last week, Nxt has traded down 13.4% against the US dollar. Nxt has a total market capitalization of $2.47 million and approximately $0.64 worth of Nxt was traded on exchanges in the last 24 hours. One Nxt coin can currently be purchased for approximately $0.0006 or 0.00000001 BTC on major cryptocurrency exchanges.

Nxt Coin Profile

Nxt (NXT) is a PoS/LPoS coin that uses the PoS hashing algorithm. It launched on November 24th, 2013. Nxt’s total supply is 998,999,942 coins. Nxt’s official website is www.jelurida.com/nxt. Nxt’s official Twitter account is @nxtcommunity and its Facebook page is accessible here. The Reddit community for Nxt is https://reddit.com/r/nxt and the currency’s Github account can be viewed here. The official message board for Nxt is talk.jelurida.com.

According to CryptoCompare, “Nxt is an open-source blockchain platform that was launched in November 2013 and is the first to rely entirely on a proof-of-stake consensus protocol. Written from scratch in Java, it has influenced many other projects and has proven to be one of the most tested and reliable platforms in the industry. Nxt has a user-friendly and decentralized asset exchange, and its simple but flexible architecture makes it easy for blockchain adoption. It has been live for over 6 years with no downtime, major bugs, or successful exploits and has a reputation as one of the most secure platforms in the industry.”

Buying and Selling Nxt

It is usually not presently possible to buy alternative cryptocurrencies such as Nxt directly using US dollars. Investors seeking to trade Nxt should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nxt using one of the aforementioned exchanges.

NXT/USD price chart by TradingView