Nacho Finance Price NACHO
$0.04316
+3.40%
24H Low $0.04114
$0.04318 24H High
About Nacho Finance (NACHO)
Nacho Finance was inspired by tomb.finance and is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network.
Nacho Finance is a multi-token protocol that consists of the following three tokens:
- Nacho Token (NACHO) (Medium of exchange)
- Nacho Shares (NSHARE) (Governance & Measure of protocol value)
- Nacho Bonds (NBOND) (Change NACHO supply during contraction periods)
The NACHO algorithmic token serves as the backbone of our growing ecosystem aimed at bringing high APRs to ETH holders on the Polygon Network. The protocol's underlying mechanisms dynamically adjust NACHO's supply, pushing its price up or down relative to the price of ETH in order to keep NACHO's peg to the ETH price.
NACHO Shares (NSHARE) are one of the ways to measure the value of the NACHO Protocol and shareholder trust in its ability to maintain NACHO close to peg. During epoch expansions the protocol mints NACHO and distributes it proportionally to all NSHARE holders who have staked their tokens in the Bowl.
Additionally, NSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the NACHO money ecosystem.
NACHO Bonds (NBOND) main job is to help incentivize changes in NACHO supply during an epoch contraction period.
24H Volume$147.99
All-Time High(ATH)$26.12
All-Time Low(ATL)$0.02554
Market Cap--
Fully Diluted Valuation$4.31M
Market Cap/FDV--
Circulating Supply-- NACHO
Total Supply264.75K NACHO
Max Supply100.00M NACHO
Market SentimentPositive
* Data from 3rd parties
Nacho Finance (NACHO) Price Trends
Time period | Change amount | % Change |
|---|---|---|
| 1H | -- | 0% |
| 24H | $0.001419 | +3.40% |
| 7D | -$0.002105 | -4.65% |
| 30D | -$0.009896 | -18.65% |
| 1Y | -$0.009523 | -18.07% |
Live Nacho Finance (NACHO) Price Update
Nacho Finance price today is $0.04316 with a 24-hour trading volume of $147.99, and as such Nacho Finance has a market cap of --, giving it a market dominance of 0.00000041%. The Nacho Finance price moved +3.40% in the last 24 hours.
Nacho Finance reached its highest price on 2022-09-12 when it was trading at its all-time high of $26.12, while its lowest price was recorded on 2023-06-12 when it was trading at its all-time low of $0.02554. The current lowest price since the last cycle high was $0.02554, and the highest price since the last cycle low was $26.12. The social sentiment of Nacho Finance is currently Neutral.
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Nacho Finance Tokenomics
Nacho Finance Data Analysis
Fund Flow Percentage
Net Main Inflow
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Net Retail Inflow
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Market Sentiment
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Sell
No record | ||
Fund Flow Analysis
Small Orders
Net Inflow ($)
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Inflow ($)-
Outflow ($)-
Medium Orders
Net Inflow ($)
--
Inflow ($)-
Outflow ($)-
Large Orders
Net Inflow ($)
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Inflow ($)-
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Funds Flow Record
Transfer Time | Inflow ($) | Outflow ($) | Net Inflow ($) |
|---|---|---|---|
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Holding Distribution
| Top 5 Address | Total |
|---|---|
Others | 100.00% |
Nacho Finance (NACHO) Announcements
MoreNo record
Date | Market Cap | Volume | Open | Close |
|---|---|---|---|---|
| 2024-09-19 | -- | 3.52K NACHO | $0.04174 | N/A |
| 2024-09-18 | -- | 12.68K NACHO | $0.0395 | $0.04174 |