Ndau price is $12.42
As of the most recent update, the price of Ndau (NDAU) stands at $ 12.42. Its price has increased over the last 24 hours.
Ndau is marketed as the world’s first buoyant virtual currency. It's tailored to serve as a long-term store of value with mechanisms in place designed to reduce volatility and promote price stability. The team behind ndau aims to achieve this through a blend of dynamic monetary policies and a governance system that adapts to market conditions. The core idea is to offer a digital asset that is less prone to the erratic price swings commonly seen in the cryptocurrency markets, and more attractive for those looking for a long-term investment.
Ndau has implemented a unique monetary policy that incentivizes its holders to keep the currency for longer periods. This policy is meant to discourage the frequent trading which is typically associated with speculative investments, and instead reward those who are in it for the long haul.
The Ecosystem Alignment Incentives, or EAI, is a system that rewards ndau holders for keeping their tokens. These incentives increase over time, with the potential for holders to earn up to 10% annually, based on the duration the ndau is held. Furthermore, an additional incentive of up to 5% can be earned when holders lock their ndau in their wallets, further enhancing the benefit of long-term holding.
One of the key features of ndau is its ability to react to market forces in order to mitigate downside volatility. This is achieved through its monetary policy, which adjusts according to real-time supply and demand conditions. The policy is designed to support ndau's price during downturns while allowing it the freedom to grow with increased demand, thus promoting buoyancy in its value.
The ndau project does not specify individual founders but rather presents itself as a product developed by a collective of experts in blockchain technology, economics, and cybersecurity. The development of ndau is managed by Oneiro, a company specializing in creating cryptocurrencies that are optimized for long-term store of value.
Ndau (NDAU) can be purchased on various Bittrex, KuCoin, Liquid, BitMart that support the asset. Always make sure that you are using a reputable exchange platform and conduct due diligence before any transaction.
As of the latest update, the circulating supply of Ndau (NDAU) stands at , which reflects the amount of ndau that has been issued and is actively being traded in the market.
Ndau holds the position of #1 in terms of market capitalization among other cryptocurrencies, with a market cap of $ .
The total supply of Ndau (NDAU) is currently limited to 30.0M, which defines the maximum number of ndau tokens that will ever be created.
The 24-hour trading volume for Ndau (NDAU) stands at 1.3K. This represents the total value of all transactions involving ndau over the past 24 hours.
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