What is NAMADA(NAM)?

Basic information about NAM

Coin name:

Namada

Coin symbol:

Coin introduction:

Namada is the Composable Privacy Layer of the Multichain. It is a proof-of-stake layer-1 blockchain that protects users’ personal data by providing a shielded asset hub and enabling shielded cross-chain transactions. Namada is capable of supporting any asset and can be used to retrofit data protection to existing chains, dapps, tokens, and NFTs. Primarily built in Rust, Namada uses CometBFT consensus and the IBC (Inter-Blockchain Communication) protocol for multichain interoperability, but can be upgraded to support additional ecosystems beyond IBC. By leveraging advanced cryptographic standards like zk-SNARKs and its potential for interoperability, Namada positions itself as a useful cryptographic primitive for users to protect their on-chain data while interoperating with a wide variety of other blockchains and protocols.

Current Price:

$0.000655More coin details

All-time high:

$0.07

All-time low:

$0.000491

NAM Supply Info and Tokenomics

Circulating supply:

997,496,113

Total supply:

1,033,037,683

Max supply:

Market cap:

$653.14K

Fully diluted valuation:

$676.41K

What is the outlook and future value of NAM?

The current market cap of NAM is $653.14K, ranked 3935 in the market, showing that the market already recognizes the value of NAM. When a bull market arrives, the market cap of NAM may continue to grow.

Moreover, if NAM can play a greater role in real-world applications—such as if the Monero developers can fully empower NAM and establish partnerships with more business partners to expand its user base—then the long-term value of NAM will be further enhanced.

What is the price of NAM in 2027?

According to the historical price performance prediction model of NAM, the price of NAM is expected to reach $0.000688 at 2027.

Note: As with any crypto investment, investors should closely monitor NAM’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get NAM?

Purchasing NAM with cash is not the only way to obtain NAM. If you have enough time, you can get NAM for free.

Learn how to get Hot rewards for free with NAM.

Earn free NAM by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get NAM airdrops for free.

All crypto airdrops and rewards can be exchanged for NAM through LBank spot trading.

Buy NAM starting from $1

What is NAM used for and how to use it?

The use cases for NAM may grow with the development of the crypto market and project progress. Currently, you can use NAM to:

Arbitrage trading of NAM

NAM is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many NAM trading pairs to suit your needs.

Earn yield with NAM

You can also lend out NAM or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your NAM gains.

Send or pay with NAM

If you want to pay someone with NAM, you can easily and quickly send NAM to them using their receiving address.

You can also visit the official website of Namada to learn more use cases of NAM, such as whether the Namada project supports community/eco apps or buying physical or virtual goods with NAM.