ENERGI (NRG) Coin Overview and Weekly Technical Review
This article centers around a thorough assessment of NRG 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
This article centers around a thorough assessment of NRG 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 ENERGI (NRG) Coin?
Energi (NRG) is a cryptocurrency that aims to provide a secure and decentralized platform for global transactions, smart contracts, and decentralized applications (DApps) . It operates on its own blockchain network and utilizes the Proof of Stake (PoS) consensus mechanism .
Energi focuses on several key areas :
- Governance : Energi implements a self-funding treasury system where a portion of block rewards is allocated towards development, marketing, community initiatives, and other activities. This allows for sustainable growth while involving the community in decision-making through masternode voting .
- Smart Contracts : The Energi platform supports the creation and execution of smart contracts using Solidity programming language compatible with Ethereum ‘s Virtual Machine (EVM). Developers can build decentralized applications (DApps) on top of the Energi blockchain .
- Security : With an emphasis on security measures, Energi employs advanced technologies like full node encryption to protect user data and transactions. They also offer cold staking options to enhance wallet security .
- Scalability : Through various optimizations such as off-chain processing and parallel computing capabilities , Energi seeks to achieve scalability without compromising decentralization or security .
It’s important to conduct thorough research before engaging with any cryptocurrency project or making investment decisions. Official sources such as the project’s website or social media channels can provide more detailed information about Energi (NRG) coin.
If you want to know more about the Energi (NRG) coin , you can visit its website.
Energi (NRG) coin has several ongoing projects and initiatives aimed at furthering its mission as a decentralized platform for global transactions, smart contracts, and DApps . Here are some key projects associated with Energi :
- Energi 3.0 : This is an upcoming major upgrade that aims to enhance scalability, security, and usability of the Energi ecosystem . It includes features such as on-chain governance improvements, enhanced staking options, advanced treasury management tools, and more .
- Masternode Network : Energi operates a masternode network that allows users to earn rewards by running a full node and locking a certain amount of NRG coins as collateral . The masternodes play a crucial role in securing the network and participate in decision-making through voting .
- Educational Initiatives : Energi places strong emphasis on education within the cryptocurrency space . They offer resources like educational articles, videos, tutorials, and webinars to help users understand blockchain technology and how to use their platform effectively .
- Partnerships : Energi actively seeks partnerships with other organizations to promote adoption of its platform across various industries . These partnerships aim to explore real-world use cases for blockchain technology while expanding the reach of Energi’s ecosystem .
- Community Programs : To foster community engagement and participation, Energi runs various programs such as bounties for development contributions or content creation contests where participants can earn NRG coins .
It ‘s important to note that cryptocurrency projects evolve over time; therefore it’s advisable to visit official sources like their website or social media channels for up-to-date information on specific initiatives undertaken by Energi (NRG) coin .
Factors affecting price:
The price of Energi (NRG) coin, like any other cryptocurrency, can be influenced by several factors. Here are some key factors that may impact the price of NRG :
- 1. Market Demand : The demand for NRG in the market plays a significant role in its price movement . Factors such as increased adoption , partnerships with prominent organizations, or positive sentiment towards the project can drive up demand and potentially increase the price .
- Overall Cryptocurrency Market: The general state of the cryptocurrency market can also influence NRG’ s price. If there is a bullish trend in cryptocurrencies as a whole , it could have a positive impact on NRG coin’ s value .
- Development Progress : Updates and progress made by the Energi development team regarding technological advancements , platform upgrades , or partnerships may generate interest from investors and positively affect the coin’s valuation .
- Investor Sentiment : The overall sentiment or perception of investors towards Energi can heavily influence its price Dynamics . Positive investor sentiment driven by confidence in the project’s team, roadmap progress, or perceived value proposition may lead to an upward movement in its price .
- Regulatory Environment : Changes in regulations related to cryptocurrencies and blockchain technology at a regional or global level could impact investor sentiments and subsequently affect NRG’s price .
- Economic Factors : Broader economic factors such as inflation rates, geopolitical events affecting financial markets globally, or shifts in monetary policies might indirectly influence cryptocurrency prices including NRG .
It is important to note that cryptocurrency markets are highly volatile and subject to various unpredictable factors ; therefore investing in cryptocurrencies carries risks. It is always recommended to conduct thorough research and seek professional advice before making investment decisions .
Where can I buy ENERGI Coin (NRG)?
Exchange Pair Volume
ENERGI Coin (NRG) Baseline Assessment :
The market cap of the ENERGİ (NRG) coin is $ 2.899.966 and its circulating supply is 65.865.404 units. Its maximum Supply is 65,866,333 units, with a fully diluted valuation of $ 2,959,607.
What is the high price point for ENERGI Coin (NRG)?
Energi (NRG) highest price is $9.90 recorded on Jun 25, 2019. The current price is -99.55% lower than the all-time high .
What is the low point of the price for ENERGI Coin (NRG)?
Energi (NRG) token’s lowest price was $0.03935 on Jun 18, 2023.
ENERGI Coin (NRG) Technical Outlook:
Energi (NRG) coin, which was $4.45 on 11 May 2020, dropped to $0.0386 on 12 Jun 2023. Recently, this level has started to consolidate. The increase in volume draws attention. If the $0.069057 level is passed, an increase can be seen especially up to the $0.1361 level, which is the volume region of the downtrend. This region will appear as a strong resistance . Candle closings above the $0.255846 price level were not followed in order to change the market structure and start the uptrend. As long as this level is not passed, bullish movements will remain in reaction.
Our support point: $0.03863 in-line resistances: $0.0690 – $0.1458 – $0.2258 – $0.6727 – $1.49 – $4.44.
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 .
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