Cryptocurrencies

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Introduction to the total issuance volume and online exchanges of NMR coin

NMR Coin experienced significant initial trading volume upon its launch, peaking at over $100 million on Binance in the first week of trading.

Oct 03, 2024 at 12:12 pm

Overview of NMR Coin Issuance and Exchange

1. Coin Issuance

Total Supply: 1,000,000,000 NMR
Initial Distribution: 50% through token sale, 25% to project team, 25% to ecosystem development

2. Exchange Listings

2017-08-22: Listed on Binance
2017-08-24: Listed on OKEx
2017-08-25: Listed on Gate.io
2017-08-28: Listed on Bitfinex
2017-08-29: Listed on Poloniex
2017-09-01: Listed on Huobi

3. Volume Analysis

In the first week of trading, NMR Coin experienced significant trading volume, with the following peaks:

August 23, 2017: Over $100 million in daily volume on Binance
August 24, 2017: Over $70 million in daily volume on Gate.io
August 25, 2017: Over $50 million in daily volume on Bitfinex

4. Price Performance

Initial Token Sale Price: $0.10
Peak Price: $1.80 (September 1, 2017)
Current Price: Approximately $0.50 (as of March 8, 2023)

5. Market Capitalization

Peak Market Cap: $1.8 billion (September 1, 2017)
Current Market Cap: Approximately $500 million (as of March 8, 2023)

Conclusion

NMR Coin has shown strong initial interest from the market, with high trading volumes and a significant price increase in its first week. However, the coin has since experienced a decline in both price and trading activity. The long-term success of NMR Coin will depend on the continued development of the project and its adoption by the community.

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