- #2538
Nest Protocol NEST
NEST Price
Market Cap
$424,823.44Rank #2538FDV
$1.46 MRank #1786Investors
X Followers
Detailed Performance
NEST shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
NEST to USD Converter
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About Nest Protocol (NEST)
What is Nest Protocol?
NEST Protocol is a distributed price oracle system. It uses a unique "two-way quotation" mechanism to ensure that market prices are generated simultaneously on the blockchain. It aims to provide accurate and reliable price data for decentralized applications (DApps) and smart contracts. NEST holders can participate in the system by depositing NEST tokens into the NEST smart contract and receive ETH incomes from the NEST oracle system.
What makes Nest Protocol unique?
NEST Protocol is unique compared to other cryptocurrencies because it is a distributed price oracle system. It uses a unique "two-way quotation" mechanism to ensure that market prices are generated simultaneously on the blockchain. This allows NEST Protocol to provide accurate and reliable price data for decentralized applications (DApps) and smart contracts. Additionally, NEST Protocol has a specific focus on addressing issues such as miner delegation risk and the limitation of the current blockchain structure. By addressing these challenges, NEST Protocol aims to improve the overall efficiency and security of decentralized finance (DeFi) ecosystems.
Live Nest Protocol Price Data
The current price of Nest Protocol (NEST) is approximately $0.0001468, reflecting a increase of 1.39% in the last 24 hours. The NEST trading volume in the last 24 hours stands at $92,589.89. Nest Protocol's market cap is currently $424,823.44, accounting for about < 0.01% of the total crypto market cap. The circulating supply of NEST is 2.91 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Nest Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on NEST, check out our crypto insights page.