NuBits (USNBT) Price Today

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Everything You Need To Know About NuBits (USNBT)

What is NuBits?

NuBits is a cryptocurrency with a primary aim of being stable, with a value equivalent to the US Dollar. It attempts to maintain the stability by distributing voting shares (NuShares) among its users, which give users the ability to vote on motions and changes in the network.
Another idea behind the coin was that in case of hyperinflation of the US Dollar, NuBits shareholders have the power to peg NuBits to another currency or even a group of commodities.
It succeeded in its goal for a while, keeping its value at around $ 1 USD per NuBits coin (USNBT) for almost a year and a half, but the value decreased drastically after that. It was brought up to 1 USD again, but only by reducing the circulating supply from around 700 thousand to 150 thousand coins.

NuBits (USNBT) Price for Today

Currently, NuBits (USNBT) price is down by 1.37% and it's now trading at $0.105116 today. The market capitalization of NuBits now stands $1,154,352 million with 10,981,667 USNBT circulating. The 24-hour price movement indicates that $92,577 worth of USNBT were trading. The price peaked to $0.109762 in the last 24 hours while the lowest price was $0.096451. Source: https://coinmarketcap.com/currencies/nubits/