This immersive ecosystem aims to modernize the financial sector and introduces various use cases for the NAGA Coin, including NAGA DeFi and NAGA Social Betting. Just like with any other asset, the price action of Naga Kingdom is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of NAGA.
NAGA Coin price prediction
Updates, enhancements, or new features introduced to the NAGA platform can influence NGC’s price. Technological improvements that enhance the utility and user experience of the platform may attract more users and investors. Additionally, NGC will fully integrate into a copy betting platform, allowing users to copy the bets of successful bettors. For the last 30 days, more than 109 NGC transactions have been made, on average daily 3.63 completed transactions. Thus, if you had invested $100 during the ICO, it would currently be valued at only $1.61. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the NAGA price.
Will NAGA reach $10?
Banks, financial institutions, and governments do not always operate transparently and take a cut of payments and investments people make. So, the NAGA Crypto Coin is a decentralized digital currency created to address this and remove any banks or intermediaries from the equation. It allows trading on gaming and virtual goods just via the NAGA card.
These platforms enable users to reduce fees, create smart contracts for copy trading, and engage in social betting, thus fostering a unique social trading environment. The Fear & Greed Index can be a useful measure of NAGA investors’ sentiment, and is based primarily on Bitcoin-related market data. Investor sentiment highly influences cryptocurrency markets, including fear, greed, and overall market optimism. NAGA DeFi is a decentralized blockchain-based social trading service within the NAGA ecosystem. It enables users to copy the actions of successful traders on-chain and profit together with them using NAGA Coin.
NAGA Price Prediction FAQ
Users can select a specific wallet address of a successful trader they wish to copy and initiate the copying process through the execution of a smart contract. Compared to today’s exchange rate, NGC cryptocurrency price is down by -98.96% so, An investment of $100 now would have been worth $1.04. Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of NAGA (NGC) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins. When trying to make a Naga Kingdom forecast, many traders also try to monitor the activity of NAGA “whales”, which are entities and individuals that control large amounts of NAGA.
NAGA Coin is integrated with the NAGA Trader, a financial social investing platform with over one million active users. NGC holders can enjoy reduced copy trading fees and access higher VIP user levels on the platform. By exchanging NGC against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, NAGA can be earned or received in various ways.
- The worst month is June, seven times out of 8, the price at the end of June was lower than starting price.
- Showing market cap and how it’s compared to different cryptocurrencies.
- Look at this coin more cautiously please check the coin page and do more research.
- According to our historical data, it is currently not profitable to invest in Naga Kingdom.
- Developed in collaboration with the German publicly listed FinTech, The NAGA Group AG, and listed on the Frankfurt Stock Exchange, NAGA seeks to democratize access to advanced market tools.
Naga Kingdom traders use a variety of tools to try and determine the direction in which the NAGA market is likely to head next. These tools can roughly be divided into indicators and chart patterns. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Naga Kingdom. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. NAGA’s platform is renowned for its Autocopy feature, which allows traders to replicate the trades of others, creating a collaborative and educational trading environment.
NAGA provides the technology, resources, and the assistance that every trader needs to make their trading decisions. The platform is best known for its Autocopy feature that allows traders to copy each other and thus creating a unique social trading environment with numerous benefits for the users. NAGA DeFi and Social Betting are the future projects from the ecosystem that would introduce a social element to betting and on-chain trading.
The technology behind NAGA is multifaceted, blending blockchain innovation with social trading and artificial intelligence. At its core, NAGA operates on the Ethereum blockchain, utilizing the ERC20 standard for its cryptocurrency, NAGA Coin (NGC). This choice of blockchain ensures that NGC benefits from Ethereum’s robust security features, including its decentralized nature and consensus mechanism, which help prevent attacks from bad naga coin price prediction actors.
Last Updated on November 18, 2024 by Bruce