Navcoin Reaches Market Capitalization of $2.59 Million (NAV)

Navcoin (NAV) traded down 0.8% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on January 5th. One Navcoin coin can currently be bought for $0.0490 or 0.00000050 BTC on popular exchanges. In the last week, Navcoin has traded 29.2% higher against the U.S. dollar. Navcoin has a market capitalization of $2.59 million and approximately $60,808.80 worth of Navcoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Compound (COMP) traded down 2.6% against the dollar and now trades at $82.27 or 0.00083912 BTC.
• Decred (DCR) traded up 0.5% against the dollar and now trades at $16.28 or 0.00016603 BTC.
• Zano (ZANO) traded down 1.4% against the dollar and now trades at $14.56 or 0.00014843 BTC.
• Bitcoiva (BCA) traded 0.2% higher against the dollar and now trades at $6.55 or 0.00006676 BTC.
• WhiteCoin (XWC) traded down 2.8% against the dollar and now trades at $0.0300 or 0.00000031 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $1.00 or 0.00001025 BTC.
• Bitcoin Diamond (BCD) traded up 3.3% against the dollar and now trades at $0.0616 or 0.00000063 BTC.
• ReddCoin (RDD) traded 0.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• 42-coin (42) traded up 0.4% against the dollar and now trades at $39,220.66 or 0.40002893 BTC.
• Memetic (MEME) traded 0.9% lower against the dollar and now trades at $0.0113 or 0.00000012 BTC.

Navcoin Coin Profile

Navcoin (NAV) is a PoW/PoS coin that uses the X13 hashing algorithm. It launched on June 2nd, 2014. Navcoin’s total supply is 76,939,361 coins and its circulating supply is 76,601,686 coins. The official website for Navcoin is www.navcoin.org. The official message board for Navcoin is medium.com/nav-coin. Navcoin’s official Twitter account is @navcoin and its Facebook page is accessible here. The Reddit community for Navcoin is https://reddit.com/r/navcoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “NavCoin (NAV) is a privacy-driven PoW/PoS hybrid cryptocurrency. NAV uses the x13 hashing algorithm. NavCoin’s encryption software disconnects and randomises the transaction data, removing it even from an IP address. NavCoin uses a subchain to process anonymous transactions.”

Buying and Selling Navcoin

It is usually not possible to purchase alternative cryptocurrencies such as Navcoin directly using U.S. dollars. Investors seeking to acquire Navcoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Navcoin using one of the exchanges listed above.

NAV/USD price chart by TradingView