fundamental analysis.

By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of NXT on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of NXT.

Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for NXT and the broader cryptocurrency market.

You can buy NXT via Gate.io by following the steps on how to buy NXT once you have funded your account.

NXT PriceNXT

Rank #3392

$0.001085

+6.27%

amount

NXT

1NXT ≈ $0.001085

amount

NXT

1NXT ≈ $0.001085

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About NXT (NXT)

Explorers

nxtportal.org

Website

nxt.org

Community

Tags

Smart Contract Platform

Nxt uses the blockchain to create an entire ecosystem of decentralized features, all of which require the Nxt currency. Instead of modifying the original Bitcoin source code, as many altcoins have done, Nxt developers wrote their own code in Java from scratch. While Nxt is a public blockchain, licenses for private blockchains based on its software are also available for purchase. The developers refer to Nxt as Blockchain 2.0, providing numerous applications beyond simply keeping a public ledger of transactions. Jelurida BV took over the originally anonymously developed Nxt and now own the IP rights. Kristina Kalcheva, co-founder and legal expert of Jelurida, focuses on how to “explore the different open source licensing models and their enforceability in practice.” Currently, the main developer is an anonymous Star Trek fan, going by the name Jean-Luc Picard. While there is still the active development of Nxt, the parent company Jelurida is also working on a Nxt 2.0, known as Ardor, designed specifically to deal with scalability. Ardor will use the same blockchain technology as Nxt, combined with the idea of ‘child chains.’ According to Travin Keith, Nxt foundation Web and Marketing manager, Ardor allows for a “manageable blockchain size, which solves the problem of scalability by separating transactions and data that do not affect security from those that do, and moving all of those that don’t affect security onto child chains.” The core infrastructure of Nxt is complex. This adds risks as compared to the more lean bitcoin, but makes it easier for external services to be built on top of the blockchain. A peer-peer exchange allowing decentralized trading of shares, crypto assets. Since the blockchain is an unalterable public ledger of transactions, the Asset Exchange provides a trading record for items other than Nxt. To do this, Nxt allows the designation or ""coloring"" of a parti

NXT (NXT) Price Trends

24H High$0.001087

24H Low$0.0009564

24H Volume$2.02K

$1.08M

All-Time High(ATH)$1.86

999.00M NXT

All-Time Low(ATL)$0.00007057

1.00B NXT

99.9%

1.00B NXT

$1.08M

Market SentimentNeutral

Live NXT (NXT) Price Update

NXT price today is $0.001085 with a 24-hour trading volume of $2.02K, and as such NXT has a market cap of $1.08M, giving it a market dominance of 0.000034%. The NXT price moved +6.27% in the last 24 hours.