Navcoin (NAV) Achieves Market Capitalization of $2.59 Million

Navcoin (NAV) traded 0.5% lower against the US dollar during the twenty-four hour period ending at 17:00 PM Eastern on October 31st. One Navcoin coin can now be purchased for about $0.0307 or 0.00000044 BTC on popular cryptocurrency exchanges. In the last week, Navcoin has traded up 0.7% against the US dollar. Navcoin has a market capitalization of $2.59 million and approximately $54,535.86 worth of Navcoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Compound (COMP) traded 4.2% lower against the dollar and now trades at $42.70 or 0.00060911 BTC.
• Decred (DCR) traded 6.1% lower against the dollar and now trades at $12.04 or 0.00017177 BTC.
• Bitcoiva (BCA) traded 1.5% lower against the dollar and now trades at $4.45 or 0.00006350 BTC.
• ReddCoin (RDD) traded up 963.5% against the dollar and now trades at $0.0005 or 0.00000001 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001420 BTC.
• Bitcoin Diamond (BCD) traded down 2.1% against the dollar and now trades at $0.0589 or 0.00000084 BTC.
• WhiteCoin (XWC) traded 0.8% higher against the dollar and now trades at $0.0118 or 0.00000017 BTC.
• Memetic (MEME) traded 8.9% lower against the dollar and now trades at $0.0124 or 0.00000018 BTC.
• 42-coin (42) traded 2.9% lower against the dollar and now trades at $26,632.66 or 0.37991768 BTC.
• Aion (AION) traded up 5.7% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Navcoin

Navcoin is a PoW/PoS coin that uses the X13 hashing algorithm. Its launch date was June 2nd, 2014. Navcoin’s total supply is 76,939,361 coins and its circulating supply is 76,601,686 coins. The Reddit community for Navcoin is https://reddit.com/r/navcoin and the currency’s Github account can be viewed here. Navcoin’s official message board is medium.com/nav-coin. The official website for Navcoin is www.navcoin.org. Navcoin’s official Twitter account is @navcoin and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Navcoin directly using US dollars. Investors seeking to acquire Navcoin should first purchase 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 purchase Navcoin using one of the exchanges listed above.

NAV/USD price chart by TradingView