NYM (NYM) Tokenomics
NYM (NYM) Information
NYM is the native token of the Nym mixnet. It is a utility token that rewards mixnodes for mixing traffic and providing privacy for users of the Nym network. Users will use NYM tokens to access the mixnet and send their data through it. The fees, collected in NYM, go to a reward pool which is distributed to mixnodes. Mixnodes are rewarded based on their performance and the amount of NYM bonded to their node. People can delegate NYM to mixnodes as a bond signaling reputation for that node and earn a share of the mixnode rewards. This supports decentralization and encourages the mixnet to have a high quality of service by involving the broader community in the process of selecting nodes.
NYM (NYM) Tokenomics & Price Analysis
Explore key tokenomics and price data for NYM (NYM), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
NYM (NYM) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of NYM (NYM) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of NYM tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many NYM tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand NYM's tokenomics, explore NYM token's live price!
How to Buy NYM
Interested in adding NYM (NYM) to your portfolio? MEXC supports various methods to buy NYM, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
NYM (NYM) Price History
Analyzing the price history of NYM helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
NYM Price Prediction
Want to know where NYM might be heading? Our NYM price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
