Thursday, July 7, 2022

Market Price: 0
Circulating Supply: 0
Market Capitalization: 0

Endowment: $36,218,586

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Why is ndau’s market price on the ndau.io website different than the market price in the ndau explorer website?

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  4. Why is ndau’s market price on the ndau.io website different than the market price in the ndau explorer website?

When the ndau blockchain market price is calculated and recorded on the ndau blockchain, it is calculated it using a 24-hour volume-weighted moving average price of ndau on KuCoin, Liquid, Bittrex Global and BitMart every 5 minutes to determine the market price. This method smooths out intraday volatility since that could allow manipulation of ndau’s monetary policies.

CoinMarketCap (CMC) calculates the CMC market price of ndau differently, which includes more intraday volatility. They do this for all their cryptocurrencies.

Most people look up the market price of any cryptocurrency on CMC, so to avoid confusion for people visiting the ndau.io website, the CMC market price of ndau is displayed on the ndau.io website:

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On the ndau blockchain explorer, the ndau blockchain market price is displayed. This also means you’ll get two slightly different market capitalization values depending on which market price value you decide to use.  At the end of the day, the ndau blockchain only cares about the ndau blockchain market price.

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