Numogram (GNOM) is a digital asset currently ranked #3232 globally by market capitalization. It has a circulating supply of 1,000,000,000 coins and a total supply capped at the same amount. The project operates within the decentralized finance (DeFi) and digital asset ecosystem, offering various utilities to its users.
Numogram (GNON) Price Performance
As of the latest data, Numogram is trading at approximately $0.0014. Over the past 24 hours, the token’s price has decreased by around 12.53%. Its all-time high was recorded in October 2024, reaching nearly $0.18.
Market capitalization stands at roughly $1.4 million, with a 24-hour trading volume of about $1.3 million. These metrics indicate active, though moderate, market participation.
Market Data and Trading Pairs
Numogram is listed on several decentralized and centralized exchanges. Major trading platforms include Raydium, Jupiter, Orca, and BitMart. Common trading pairs involve GNON with SOL and USDT, providing liquidity and accessibility for traders.
The token’s performance can be tracked using real-time charting tools available on various market data platforms. These charts help investors analyze trends, volume changes, and possible entry or exit points.
Tokenomics and Supply
GNON has a fixed maximum supply of 1 billion tokens, all of which are currently in circulation. This deflationary model means no further tokens will be minted, which can impact long-term valuation based on demand dynamics.
The token is used primarily within its native ecosystem, which includes governance, transaction fees, and potential staking rewards.
Technology and Use Cases
Numogram is built on a high-performance blockchain that supports smart contracts and decentralized applications. Its architecture emphasizes scalability and low transaction costs, making it suitable for various DeFi applications.
Primary use cases for GNON include:
- Governance: Token holders can participate in decision-making processes.
- Transaction Fees: Used to pay for operations within the Numogram network.
- Rewards: Distributed to users for staking and network participation.
How to Analyze Numogram's Fundamentals
When evaluating GNON or any cryptocurrency, consider both on-chain and market metrics:
- Trading Volume: Indicates liquidity and investor interest.
- Market Cap: Reflects the total value of the asset in circulation.
- Supply Metrics: Understanding token issuance and inflation rates.
- Use Case Utility: Real-world applications and ecosystem activity.
It’s also helpful to monitor community engagement, development updates, and strategic partnerships. These factors often influence long-term value.
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Risks and Considerations
Investing in cryptocurrencies like Numogram involves market volatility, regulatory changes, and technology risks. Prices can fluctuate widely based on market sentiment, news, and broader economic factors.
Always conduct thorough research and consider risk management strategies. Diversification and understanding project fundamentals can help mitigate potential losses.
Frequently Asked Questions
What is Numogram (GNON)?
Numogram is a cryptocurrency token with a fixed supply of 1 billion. It is used for governance, transactions, and incentives within its native blockchain ecosystem.
Where can I buy Numogram?
GNON is available on various exchanges, including Raydium, Jupiter, and BitMart. You can trade it against SOL, USDT, and other pairs.
What impacts GNON’s price?
Factors include market sentiment, trading volume, project developments, partner announcements, and overall conditions in the crypto market.
Is Numogram a good investment?
This depends on your risk tolerance, research, and market outlook. Cryptocurrency investments are volatile, so it’s essential to evaluate both opportunities and risks.
How is Numogram different from other tokens?
It offers specific utilities in governance and ecosystem transactions. Its fixed supply may also appeal to those looking for anti-inflationary assets.
Can I stake GNON?
Staking availability depends on network support. Check official Numogram resources for the latest on staking and rewards programs.