![NXDT](https://s2.coinmarketcap.com/static/img/coins/64x64/22023.png)
NXD Next price NXDT
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Self-reported circulating supply
- 5,000,000,000 NXDT
- Total supply
- 5,000,000,000 NXDT
- Max. supply
- 5,000,000,000 NXDT
NXD Next community
NXD Next news
About NXD Next
What is NXD Next?
NXD Next represents an innovative approach within the cryptocurrency and blockchain landscape, focusing on enhancing the capabilities and efficiency of its predecessor, Bitcoin. By refining the original codebase, NXD Next introduces several key advancements aimed at improving transaction throughput, scripting flexibility, and token management. This cryptocurrency is designed to support a higher volume of transactions per block, which is crucial for scalability and user experience. Additionally, it incorporates advanced scripting options and a system for miner-validated tokens, both fungible and non-fungible, broadening its applicability and utility within the digital asset ecosystem.
A distinctive aspect of NXD Next is its commitment to serving as a viable digital currency, emphasizing its role in facilitating transactions and exchanges. This is achieved through its focus on layer one scalability, ensuring that the network can handle a significant volume of transactions efficiently and reliably. Such scalability is essential for any digital currency aspiring to widespread adoption and use in daily transactions.
NXD Next is also in a unique phase of its development, known as the Limited Mint Phase, with a capped supply of 750,000 NXD tokens. This limited supply model is an attempt to create scarcity and potentially influence the token's value over time. The project has identified several potential use cases, including trading, technical analysis, and application within dividend discount models, indicating its versatility and potential for integration into various financial and economic models.
The token operates on the Binance Smart Chain (BSC), a choice that offers compatibility with Ethereum's extensive smart contract ecosystem while benefiting from lower transaction costs and higher processing speeds. Despite BSC's centralized nature, it provides an efficient and cost-effective platform for NXD Next, facilitating rapid transactions and interactions with smart contracts.
As with any cryptocurrency investment, it's crucial to conduct thorough research and consider the inherent risks. The cryptocurrency market is volatile, and while NXD Next presents an intriguing proposition with its technological advancements and strategic positioning, potential investors should carefully evaluate their investment strategy and risk tolerance.