NAGA NGC Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

NAGA is a medium-sized cryptocurrency. Boasting a market capitalization of nearly US$ 2.6 million at the start of October 2020, it had captured less than 0.01 percent of the market for crypto assets.¹^|2 Its ticker symbol is NGC.

In January 2018, NAGA was added to coinmarketcap.com to track its real-time trading data.

thenagacoin.com

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, NAGA had an average trading volume of nearly US$ 249 k per day for the first trimester of 2019. This figure came to nearly US$ 373 k during the same time frame in the previous year. The trading volume retraced by 33.3 percent accordingly.

The average market capitalization during the first trimester of 2019 was nearly US$ 3.6 m. This figure came to nearly US$ 54 m during the same period in 2018. Market capitalization dropped down accordingly by 93.3 percent.

Trading Price

The average trading price during the first trimester of 2019 equated to US$ 0.063100. In the same period of 2018, this figure came to over one. The price dropped accordingly by 93.8 percent.

The all-time high of NAGA in 2018

NAGA NGC Price analysis generated by coindashboards.com — Price analysis for the most important moments in NAGA’s trading history (NGC)

The NAGA currency climbed to a peak in January 2018 at two US dollars. At this trading price, the token reached a market capitalization of nearly US$ 99 million. NAGA was an outlier here.

NAGAs all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 184 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 900 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 117 billion.

NAGA (NGC): 0.099 bn US dollars
Bitcoin (BTC): 184 bn US dollars
Apple (AAPL): 900 bn US dollars
VW (VWAGY): 117 bn US dollars
Date: 22 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of NAGA stood at US$ 0.043585 with a market capitalization of over US$ 2.6 million. In comparison with the highest trading price described above, this represents a drop down to approximately 2.1 percent.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The NAGA-Token is not a native cryptocurrency and is not generated through mining. It has no maximum number of tokens, unlike HedgeTrade, for example.

Current NAGA transactions can be tracked using this block explorer, which also displays block height and other recent statistics.

Further details about NAGA, including the white paper and other links to source code, community forums and social media channels can be found on thenagacoin.com.

Markets

NAGA NGC Market analysis generated by coindashboards.com — Markets on which NAGA (NGC) can be traded

EUR

One trading platform for buying or selling NAGA in EUR is NAGAX.

USD

There are a number of platforms where you can buy or sell NAGA, including NAGAX and HitBTC.

BTC

There are a number of platforms where you can buy or sell NAGA, including Bittrex, HitBTC and NAGAX, among others.

Social Links

Visit the following social media channels to speak directly to the NAGA team:

^{1. Or 0.0017 percent, if omitting Bitcoin.}

^{2. Read about our sources}