NavCoin
Last modified on 11. October 2020
Quick Facts
The user known as SUM2dev announced the launch of NavCoin on 6 July 2014 at bitcointalk.org. coinmarketcap.com subsequently started the gathering of real-time trading data in July 2014.
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, NavCoin had an average trading volume of just above US$ 439 k per day for the first trimester of 2019. Over the same period in 2018, this figure came to just above US$ 3.9 m. The trading volume retraced by 88.7 percent accordingly.
For the first trimester of 2019, the average market capitalization was nearly US$ 10.9 m. This figure came to over US$ 133 m during the same time frame in 2018. The corresponding drop down in market capitalization was 91.9 percent.
Trading Price
The average trading price during the first trimester of 2019 equated to over US$ 0.18. This figure came to just under US$ 2.35 during the same time frame of 2018. The price dropped accordingly by 92.3 percent.
The all-time high of NavCoin in 2018
The price of the NavCoin currency reached a high in January 2018 at US$ 5.53. The equivalent market capitalization of the coin reached over US$ 258 million. This put NavCoin in the ballpark of certain other digital currencies, such as Enjin Coin, GameCredits, Neblio, SmartCash and Vertcoin, among others.
NavCoins 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$ 277 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 890 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.
- NavCoin (NAV): 0.258 bn US dollars
- Bitcoin (BTC): 277 bn US dollars
- Apple (AAPL): 890 bn US dollars
- VW (VWAGY): 108 bn US dollars
- Date: 7 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of NavCoin stood at just above US$ 0.16 with a market capitalization of over US$ 10.2 million. A retracement down to approximately 2.9 percent in comparison with the highest trading price stated above.
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 NavCoin is not generated by mining. It has no maximum number of coins, unlike TRON, for example. Those interested in the source code should also take a look at the GitHub page.
NavCoin transactions currently in progress can be tracked using this block explorer, which also shows block height and other recently updated statistics.
Further information about NavCoin, including the white paper and other links to source code, community forums and social media channels can be found on http://navcoin.org.
Markets
EUR
One trading platform for buying or selling NavCoin in EUR is LiteBit.eu.
BTC
A large market for buying or selling NavCoin in BTC is Binance. Additional trading platforms for buying or selling NavCoin in BTC are VCC Exchange, BITEXLIVE and Bittrex, among others.
Social Links
You can contact the NavCoin team directly by going to the following social media channels:
- Reddit (/r/NavCoin)
- Twitter (@NavCoin)
- Facebook (@NavCoin)
- Telegram (@navcoin)
- Discord
- Reddit (/r/NavCoin)
- Facebook (@NAVCoin)
1. This figure changes to 0.0057 percent when taking Bitcoin out of the equation.