If you extrapolate the data projections, you can get a potential picture of the future Namecoin price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
Each candlestick will display NMC’s opening price, closing price, as well as the highest and lowest prices that Namecoin reached within the 1-hour period. After analyzing the technical indicators for Namecoin, we expect a slight correction could happen over the next few days and investors should wait to buy NMC. As of Dec 31, Namecoin has a market capitalization of $13.8 Million and is ranked #745 among all cryptocurrencies. This calculation is based on the circulating supply of Namecoin However, if we take into account the total supply of Namecoin, the market capitalization would be $14.9 Million. The current price of the Namecoin(NMC) is $0.94, with a current market cap $13,841,777.52.
What will the price of Namecoin be next week?
The best month for Namecoin has been November for the last twelve years, eight times the price of NMC at the end of November was higher than the price at the start of the month. The worst month is September, eight times out of 12, the price at the end of September was lower than starting price. Yes, Namecoin price will increase according to our predicted data in future. In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. Compared to today’s exchange rate, NMC cryptocurrency price is down by -14.81% so, An investment of $100 now would have been worth $85.19.
What is the Namecoin price prediction for this week?
Compared to other crypto coins which started the same year as Namecoin it has below-average trading volume, average volume for the other 5 coins started in 2011 is $161M while NMC has $25K. According to our analysis, NMC needs to stay above $0.8906 to potentially move towards the first major resistance level at $1.01. Breaking above $1.01, could see NMC rise to the next resistance level at $1.16. Traders often monitor the activity of NMC “whales,” large holders of Namecoin, as their actions can significantly influence price movements in the relatively small Namecoin market. According to the experimental simulation, Namecoin’s value could rise by 331.65% in 2035, with a high of $4.03 under favorable conditions. The price is expected to fall between $4.03 and $2.47 over the course of the year.
In our Namecoin (NMC) price projection for 2040, we anticipate a trading range of $2.26 and $3.02. Our 2040 NMC price prediction reflects a positive outlook for the coin, and we maintain a bullish sentiment regarding Namecoin’s potential performance in that year. In our Namecoin (NMC) price projection for 2030, we anticipate a trading range of $1.30 and $1.81. Our 2030 NMC price prediction reflects a positive outlook for the coin, and we maintain a bullish sentiment regarding Namecoin’s potential performance in that year.
Real-world events, such as regulations, adoption by companies and governments, and cryptocurrency exchange hacks, also impact NMC’s price. Jay Dawson, a cryptocurrency expert based in Dallas, TX, is passionate about sharing knowledge on Bitcoin and other cryptocurrencies, ensuring traders stay updated with the latest trends. His goal is to empower others with valuable insights into the dynamic crypto market. Below is a summary of NMC long-term price prediction from 2024 to 2050 with Namecoin price predicted to reach the highest point of $1.53 in 2024 and $3.02 in 2040. In the following years NMC price prediction is made feasible by examining past price behavior, current events, and public opinion. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).
- However, thereafter, the price begins a downward spiral, dropping to $0.4764 by the end of 2026, marking a slight decrease of 1.88%.
- Past performance is not necessarily indicative of future results.
- The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take.
- If you extrapolate the data projections, you can get a potential picture of the future Namecoin price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
- By 2032, Namecoin’s price falls sharply to $0.3342, a significant 31.2% drop.
- Initially, in October 2024, Namecoin’s predicted price stood at $0.5752, marking a modest 1.80% increase.
Using a crypto portfolio tracker has become more convenient than it was in the past. As an example, you have acquired Namecoin at different prices, which makes it difficult to identify the individual purchasing prices. The 14-Day Relative Strength Index (RSI) is at 33.07 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways. The information presented on this website is solely for informational purposes and should not be construed as investment advice. Investing carries inherent risks, and therefore, your capital is exposed to potential losses.
- Investing carries inherent risks, and therefore, your capital is exposed to potential losses.
- These tools can roughly be divided into indicators and chart patterns.
- It may try to get the maximum and next top tier of $18.25 with the average forecast price of $18.00.
- According to all technical indicators, the 200-day SMA will drop soon, and the price will hit $0.62 by the end of December.
- CoinCodex tracks 38,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.
- Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
At the movement,14.74M Namecoin tokens are already in the market out of 14.74M NMC. Traders also use RSI and Fibonacci retracement levels to gauge NMC’s future direction. The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 41.92, suggesting that the NMC market is in a NEUTRAL state.
Namecoin Price Prediction, or NMC, will experience tremendous growth in 2028 as it has the potential to achieve new highs in terms of price points and market cap. It has been predicted that Namecoin will reach the maximum price of $4.27 and the minimum price is expected to be around $3.61 in the next five years from 2028. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels.
If the NMC price moves above any of these averages, it is generally seen as a bullish sign for Namecoin. Conversely, a drop below an important moving average is usually a sign of weakness in the NMC market. Initially, in July 2024, Namecoin’s predicted price stood at $0.4229, experiencing a slight decline of 6.32% from the previous period. Throughout the middle stretch, prices fluctuated downwards, reaching a low of $0.3903 in October 2024, marked by a steep decline of 13.5%. However, towards the end, Namecoin’s fortunes reversed, with a notable surge in November 2024, where the price jumped to $0.4698, reflecting a positive 4.08% increase.
What is the current trading price of Namecoin (NMC) today?
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. According to our historical data, it is currently not profitable to invest in Namecoin. The price of Namecoin increased by 19.08% in the last 1 year, while the coin’s 3-year performance is -31.97%. E-Biz MBA is your ultimate crypto hub, offering top-notch news, predictions, insights, and reviews.
NameCoin (NMC) Price Predictions / NameCoin (NMC) Forecast
Namecoin (NMC) has a circulating supply of 15 million coins and is currently ranked at #745 based on its market capitalization, which stands at $14 million. Namecoin reached its peak price on November 29, 2013 and has recorded an all-time high price of $11.46. For the previous 52 weeks, the lowest and highest value forNamecoinwas $0.1842and $1.53.
From 2024 to 2030 time gap will bring significant years for Namecoin growth. In the first week of January 2024, Namecoin reached $0.83 when it dropped below $0.54 for the first time since January 2021. According to the investors and market exports, Namecoin is on its way to passing the $2.05 mark namecoin price prediction by the end of this year.