Naga coin is an ERC-20 utility token powering Naga social trading platform. The Ethereum-based digital asset is used as a base currency on the Naga to enable holders to trade global financial instruments. The digital asset allows holders to access improved trading conditions, low spreads, and high copy bonuses. Users can also get unique benefits with NGC on the Naga network.
Naga protocol is one of the fastest-growing financial technology firms in Europe, with over a million users. Naga coin positions itself as a token for social finance. Holders of NGC earn extra rewards through staking.
What is Naga?
Naga DeFi’s project is a decentralized blockchain social trading protocol for on-chain copy trades. It is a social and investing protocol that enables users to copy winning trades from top-rated traders using the NAGA Autocopy feature. Copy traders pay fees using native NGC tokens, while copied traders are paid instant bonuses.
Naga integrates investing and social trading functions in one interface. Naga coin is supported in financial, social investing, and Naga Trader. Under social betting, Naga coin powers a copy-betting platform that lets users copy the bets of successful gamblers.
Benjamin Bilski is the founder and CEO at Naga Group AG. The group is listed on the German Stock Exchange and was founded in 2015. Naga coin was launched in 2017 as a joint project of NAGA Development Association Limited and Naga Group AG.
If looking for Naga price prediction for 2022-2025, look no further. We will look at the recent Naga pricing to see what to expect from the future price changes.
Naga coin: should you invest in NGC today?
Looking at the technical perspective, NGC is under a bullish momentum. It has recently demonstrated potential to the upside and presents an opportunity for a profitable investment. The daily price chart shows that NGC met resistance at $0.84. However, the token is still on bullish momentum, trading above the key moving averages acting as support.
The Relative Strength Index also points to a potential rally of NGC in the short term. If NGC could break above the $0.84 resistance, it would open a buying opportunity. The Index remains below the overbought zone, meaning buyers are still in control.
Will NGC reach 1 USD in 2022?
- According to our comprehensive technical analysis, NGC is predicted to reach a maximum price of $1.30 by the end of 2022. The token could trade at a minimum of $1.17 in the same period. NGC price is projected to trade at an average of $1.19 throughout 2022.
- The price of Naga coin is predicted to reach a minimum level of $1.42 in 2023. The token could trade at a maximum price of $1.59. The average traded price is expected to be around $1.16.
- From the technical and fundamental analysis, NGC is estimated to reach a minimum trading price of $1.63 in 2024. The maximum price that Naga coin can reach is $1.84, and the average price would be around $1.43.
- The 2025 price prediction puts NGC at $2.09 at a minimum. The maximum price for a Naga coin in the same period is expected to be $2.25. On average, NGC will trade at $1.72 in the same period.
Naga coin past price analysis
NGC is currently ranked at number 4,292 by CoinMarketCap with a company-reported market capitalization of $66,538,916.33. According to the firm’s data, 77,910,266 circulating NGC tokens are from an equivalent total supply. The token is currently trading at $0.8366, up 1.38% in the past day.
The token has equally been on upward momentum in the past three months. NGC has surged about 20% in the past week from $0.6921. NGC has surged 60%, rising from $0.5102 to $0.8172. However, from the all-time price chart, NGC has plunged from $1.2743 to $0.8383, a 34% decline.
Want to buy NGC?
Naga coin is listed on KuCoin, Bittrex, and HitBTC exchanges. The token is tradable against USDT, BTC, and USD.
Follow these steps:
Step 1. Register an account at any of the above exchanges.
Step 2. Buy USD or USDT.
Step 3. Exchange USD or USDT for Naga coin.