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NEST Protocol price performance in USD
NEST Protocol price history in USD
NEST Protocol market information
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About NEST Protocol(NEST)
Cryptocurrency NEST Protocol is a decentralized price oracle protocol that operates on the Ethereum blockchain. It aims to overcome the limitations of existing price oracle systems by employing a unique mechanism called "Nestlings" which allows external data providers to contribute and verify real-world data. One of the key features of NEST Protocol is its decentralized nature, which eliminates the need for a centralized authority to determine and verify the price of assets. Instead, the protocol relies on a consensus-based approach where multiple data providers contribute their own price data, and smart contracts on the blockchain calculate the final price based on this aggregated information. This decentralized approach ensures greater transparency and security in the price oracle system, as it reduces the risk of data manipulation or tampering. It also enables NEST Protocol to provide real-time and accurate price data for various assets, including cryptocurrencies, commodities, and stocks. Another significant feature of NEST Protocol is its use of the "Nestlings" mechanism. Nestlings are reputation-based data providers who contribute and verify data within the system. They are incentivized to provide accurate and reliable data through a reputation scoring system. This incentivization mechanism ensures that only trustworthy and reliable data providers are rewarded, while those who provide incorrect or manipulated data suffer reputational damage. NEST Protocol also offers an open market for data providers, allowing them to sell their verified data to users who require accurate price information. This marketplace enables data providers to monetize their data contributions, while users benefit from access to reliable price data. In conclusion, NEST Protocol is a decentralized price oracle protocol that utilizes the Ethereum blockchain. Its key features include its decentralized nature, the use of "Nestlings" as reputation-based data providers, and an open market for data buying and selling. These features ensure transparency, security, and the provision of accurate price data for various assets.
NEST to local currency
Crypto calculator- 1 NEST to USD$0
- 1 NEST to JPY0.0026536619
- 1 NEST to VND0.0026536619
- 1 NEST to RUB0.0026536619
- 1 NEST to EUR (Español)0.0026536619
- 1 NEST to TRY0.0026536619
- 1 NEST to EUR (Italiano)0.0026536619
- 1 NEST to EUR (Français)0.0026536619
- 1 NEST to EUR (Deutsch)0.0026536619
- 1 NEST to CNY0.0026536619
- 1 NEST to TWD0.0026536619
- 1 NEST to EUR (Português)0.0026536619
- 1 NEST to IDR0.0026536619
- 1 NEST to THB0.0026536619
- 1 NEST to PLN0.0026536619
- 1 NEST to UAH0.0026536619
- 1 NEST to UZS0.0026536619
- 1 NEST to SAR0.0026536619
- 1 NEST to PHP0.0026536619
Trade NEST perpetual futures
After having successfully signed up on Bitget and purchased USDT or NEST tokens, you can start trading derivatives, including NEST futures and margin trading to increase your income.
The current price of NEST is $0.002654, with a 24h price change of -1.05%. Traders can profit by either going long or short onNEST futures.
Join NEST copy trading by following elite traders.
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NEST Protocol Social Data
In the last 24 hours, the social media sentiment score for NEST Protocol was 3, and the social media sentiment towards NEST Protocol price trend was Bullish. The overall NEST Protocol social media score was 0, which ranks 1239 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with NEST Protocol being mentioned with a frequency ratio of 0%, ranking 1239 among all cryptocurrencies.
In the last 24 hours, there were a total of 37 unique users discussing NEST Protocol, with a total of NEST Protocol mentions of 0. However, compared to the previous 24-hour period, the number of unique users increase by 76%, and the total number of mentions has decrease by 100%.
On Twitter, there were a total of 0 tweets mentioning NEST Protocol in the last 24 hours. Among them, 0% are bullish on NEST Protocol, 0% are bearish on NEST Protocol, and 100% are neutral on NEST Protocol.
On Reddit, there were 0 posts mentioning NEST Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 100% . Additionally, there were 0 comments mentioning NEST Protocol. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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