NDC has recently, thereby, penetrated the market of cryptocurrency thus attracting the interest of investors and fans. This new digital asset was created and has already been recognized, proving that it will have an opportunity to become one of the main participants in the constatly developing world of cryptocurrencies. At the moment NDC is valued at $1.04 revealing that within the last 24 hours it has increased in value by 2.28% and is still in the positive trend at the initial stage.

The sequence is calculated on the basis of the current market capitalization of NDC, which amounts to $ 7,649,433 (1130 th place in the overall rating of crypto currencies). This figure gives information on the overall market capitalization of all the tokenized NDCs in the market and its potential. Though it occupies comparatively low rank among world-known cryptocurrencies, the value of NDC does indicate the great potential for its development in the future.

Employment of Volume There is no better way of estimating the health and usage of any cryptocurrency than the trading volume. NDC’s 24 hour volume is $184,781 putting the company at position 2015 when ranked according to daily volume. Although the trading value is relatively low when compared to what is found in other well-developed cryptocurrencies, there are clearly people engaged with NDC token trading. Another measure showing the liquidity and level of trading of NDC is the volume to average market cap having a value of 2.35%.

NDC token circulating supply is 7,357,001, which is 8.36%. of the total supply as of 06/03/2022. This figure is important because it shows a token that is available for trading and use within the ecosystem. The quantity of NDC tokens remains unlimited, and it is equal to 88,000,000 tokens and is a maximum supply. This fixed supply model can create scarcity and could be used to unlock appreciation as demand rises in the future.

At the same time, when taking into account the total amount of tokens, NDC has the potential to reach $91,497,897, when calculate in terms of a fully diluted market capitalization. This metric ascertains the projects future worth assuming all tokens move to the market, for instance, if they are locked. However, it is vital to understand that the fully diluted market cap is the concept and not so much the current market scenario of the project; nevertheless, it indicates how large it may expand.

In the same manner as any other cryptocurrency, which has been recently launched, it is necessary to take into account the preconditions for the NDC growth and development. It can therefore be assumed that the project behind NDC is designed for specific customization, technologies, or ecosystem advantages. As with every investment, enthusiasts and investors should read through the white paper, the team behind the project and the overall architecture & strategy of the project as seen in the roadmap at any given point in its evolution.

The cryptocurrency market has always been dubbed as volatile and highly fluctuating and so is NDC. The price and other market indicators are informative on its performance now, but they are most useful when analyzed for trends. Market factors that could affect its performance in future include general market trends, emergence of technological tendencies, changes in laws governing financial markets and general condition of the market for cryptocurrencies.

Bear this in mind when contemplating an investment in NDCs, and do your research before investing in cryptocurrency investment vehicles. The potential of NDC might be evidenced by early figures, but the market overall is inherently risky with significant fluctuations in shorter timescales. There is always some element of risk in any type of investment, and cryptocurrency investments are no different according to Wealthsimple: it is always advisable to follow the principles of diversification and risk management when investing in any cryptocurrencies.

It will certainly be fascinating to observe the further evolution and take-up of NDC as the organisation continues to grow within the marketplace. It may offer new features, partnership and/or utilization you may add use and value resulting from the project. Community involvement will also be an important feature of NDC success since a large and active community of users will contribute to the development of this project.

Therefore, NDC a new player in the cryptocurrency industry, which worth to consider an worth to explore further. It has further positioned it in the current market status and supply to trade metrics for future growth and development. With time as the project progresses and more information is released to the public investors and interested parties in crypto will be able to see more clearly on the future and the future impact of NDC on the cryptocurrency market. Of course, the crypto market continues to be a volatile and capricious market, so those willing to enter the market should make sure to know what they are getting into and invest accordingly.