This article centers around a thorough assessment of NCT coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits.
What is POLYSWARM (NCT) Coin?
PolySwarm (NCT) is the native cryptocurrency of the PolySwarm platform . It serves as a utility token within the ecosystem , facilitating transactions and incentivizing participants . The primary goal of PolySwarm is to create a decentralized marketplace for threat intelligence where security experts can provide real-time analysis on potential cyber threats . By leveraging crowdsourcing and blockchain technology , PolySwarm aims to improve threat detection accuracy and response time while providing fair compensation for participants’ expertise . As with any investment or engagement in cryptocurrencies , it’s important to conduct thorough research before getting involved with NCT or any other digital asse t.
If you want to know more about the POLYSWARM (NCT) coin , you can visit its website.
The main project of PolySwarm (NCT) is the development of a decentralized marketplace for threat intelligence . This platform aims to revolutionize the cybersecurity industry by allowing security experts from around the world to provide real-time analysis and detection of potential cyber threats . The marketplace operates on a pay-per-result model , where enterprises can submit suspicious files or URLs and security experts compete to identify whether they are malicious or benign .
PolySwarm also focuses on building partnerships with other organizations in the cybersecurity space to expand its network and enhance collaboration among participants . By incentivizing expert contributions through NCT tokens , PolySwarm seeks to create a robust ecosystem that improves threat detection accuracy while providing fair compensation for expertise .
It’s worth mentioning that this information is based on my understanding at this point in time , and it’s always advisable to refer to official sources or conduct further research for up-to-date details about PolySwarm’s projects involving NCT coin .
Factors affecting price:
The price of the PolySwarm (NCT) coin, like other cryptocurrencies, can be influenced by a variety of factors. Here are some key factors that could potentially impact the price :
- Market Sentiment : The overall sentiment and confidence in the cryptocurrency market can have an effect on NCT’s price . Positive news , developments , or partnerships related to PolySwarm may increase investor optimism and drive up demand for NCT .
- Adoption and Usage : The adoption and usage of the PolySwarm platform play a crucial role in determining the value of NCT . Increased adoption by enterprises seeking cybersecurity solutions as well as active participation from security experts could positively influence the coin ‘s price .
3Technological Developments : Any significant updates or advancements in PolySwarm’ s technology can impact the perceived value of NCT . Improvements to security features , scalability , or usability may attract more users and investors .
4.Regulatory Environment : Changes in regulations surrounding cryptocurrencies and blockchain technology can affect market dynamics and investor sentiment towards NCT .
- Competition : The presence of competing platforms or projects within the cybersecurity space might impact how investors perceive PolySwarm ‘s potential success , which could subsequently affect its coin price .
- Overall Crypto Market Factors : Cryptocurrency markets are interconnected, so broader market trends such as Bitcoin’s performance, general market volatility , or macroeconomic factors can also indirectly influence NCT’s price .
It is important to note that these factors are not exhaustive nor deterministic; cryptocurrency prices are highly volatile and subject to various unpredictable influences .
Where can I buy POLYSWARM Coin (NCT)?
Exchange Pair Volume
POLYSWARM Coin (NCT) Baseline Assessment :
The market cap of the POLYSWARM (NCT) coin is 13.754.112 and its circulating supply is 1.726.500.780 units. Its maximum Supply is 1.885.913.075 units, with a fully diluted valuation of $ 15.024.065.
What is the high price point for POLYSWARM Coin (NCT)?
POLYSWARM (NCT) highest price is $0.1734 recorded on Jan 14, 2022. The current price is -95.32% lower than the all-time high .
What is the low point of the price for POLYSWARM Coin (NCT)?
POLYSWARM (NCT) token’s lowest price was $0.0006229 on Dec 06, 2020.
POLYSWARM Coin (NCT) Technical Outlook:
PolySwarm (NCT) coin, which was $0.179 on 10 Jan 2022, fell to $0.00598 on 07 Nov 2022. From here, it increased to $0.01611, an increase of 171%. Unable to stay at this level, the price retreated again and the rise remained as a reaction. As the price stays below $0.00955, where the volume is concentrated in the bearish movement, it will want to retreat to the support point of $0.00598. For the uptrend to start, volume candle closes above the fibo 0.236 level are required.
Our support point: $0.00598. Our sequential resistances: $0.01334 – $0.02191 – $0.03273 – $0.04887 – $0.08650 – $0.1790
Investment information comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments, and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences. Therefore making an investment decision based solely on the information herein may not yield results that meet your expectations .