SuiNS Price
(NS)
USD($)
SuiNS (NS) Live Price Chart
Overview
About
Analysis
FAQ
SuiNS Live Price Data
The live price of SuiNS is $0.22311, with a total trading volume of $ 128,961 in the last 24 hours. The price of SuiNS changed by -13.29% in the past day, and its USD value has decreased by -18.5% over the last week. With a circulating supply of -- NS, the market cap of SuiNS is currently -- USD, marking a --% increase today. SuiNS currently ranks #-- in market cap.
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Note: This data is for reference only.
SuiNS(NS) Profile
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Website
Documentation
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Explorer
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Contract
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Code & Community
Investors
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$0.21660
$0.26188
- ATH
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- Price Change (1h)
- +0.95%
- Price Change (24h)
- -13.29%
- Price Change (7d)
- -18.50%
- Market Cap
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- 24h Volume
- $128,961
- Circulating Supply
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- Max Supply
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About NS
How can I buy SuiNS (NS)?
Buying NS on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy SuiNS (NS) for more information. What Is SuiNS (NS) Crypto?
SuiNS (Sui Name Service) is a decentralized naming system built on the Sui blockchain. It allows users to register human-readable names, simplifying interactions by replacing complex wallet addresses with easy-to-remember identifiers. These names are represented as NFTs, granting users full ownership and the ability to trade or transfer them. SuiNS also supports subdomains and personalization options, such as associating avatars with names, enhancing user experience within the Sui ecosystem.
The native token of SuiNS is $NS. It plays a central role in the platform's governance, enabling token holders to participate in decision-making processes that shape the future of SuiNS. Additionally, $NS tokens can be used to purchase SuiNS names at discounted rates, providing added utility for holders.
How Does Sui Name Service (SuiNS) Work?
Sui Name Service (SuiNS) simplifies your blockchain experience by replacing complex wallet addresses with easy-to-remember names. You can register a unique name, like "alice.sui," and link it to your Sui account. This makes sending and receiving assets more straightforward and reduces errors.
These names are stored as NFTs in your wallet, giving you full ownership and control. You can personalize your identity by associating an avatar with your name. If you don't renew your name after a year, it becomes available for others to register.
SuiNS has introduced the $NS token to empower the community. Holding $NS tokens allows you to participate in governance, influencing the platform's future. You can also use these tokens to purchase SuiNS names at discounted prices.
By using SuiNS, you make your blockchain interactions more user-friendly and secure. The platform's decentralized approach ensures that you have a say in its development and direction.
History of Sui Name Service (SuiNS) and NS Coin
Sui Name Service (SuiNS) simplifies blockchain interactions by replacing complex wallet addresses with user-friendly names. Founded in September 2022, SuiNS has achieved several milestones:
> September 2022: Established to create a user-friendly naming service for the Sui blockchain.
> October 2022: Launched on Sui Testnet, allowing early user engagement.
> May 2023: Officially debuted on Sui Mainnet with an auction system for fair name acquisition.
> June 2023: Conducted over 3,000 live auctions within a month of Mainnet launch.
> July 2023: Integrated with more than 20 partners, enhancing utility across the Sui network.
> August 2024: Announced transition to a decentralized model, empowering community-driven development.
The roadmap includes potential updates shaped by community input:
> Registering shorter names (one to two characters) or using emojis.
> Introducing static USD pricing for name registrations.
> Developing an NFT avatar generator for custom profile pictures.
> Enhancing homepage functionality with dynamic widgets and name lookup search.
> Implementing an auctioning system for existing names.
> Establishing a referral system.
> Creating a SuiNS subnames widget.
> Offering fiat on-ramp and payments in tokens other than SUI.
> Providing Linktree-style functionality for SuiNS.
What Is NS Token Used for?
The SuiNS (NS) token serves multiple purposes within the Sui Name Service ecosystem:
1. Governance Participation: Holding NS tokens allows you to vote on proposals that shape the platform's future, giving you a direct voice in its development.
2. Discounted Name Purchases: You can use NS tokens to buy SuiNS names at reduced prices, making it more affordable to personalize your blockchain identity.
3. Trading $NS Token on Exchanges: NS tokens are tradable assets. For instance, you can trade SuiNS tokens on the KuCoin spot market, allowing you to buy or sell NS tokens as part of your investment strategy.
What Is SuiNS Tokenomics?
The SuiNS (NS) tokenomics outline the distribution and utility of the NS token within the Sui Name Service ecosystem. The total supply of NS tokens is capped at 500 million, allocated as follows:
1. 57% to Treasury: This portion ensures the protocol's long-term sustainability. Within this, 22% is controlled by NS token holders through governance voting, and 35% is managed by the SuiNS Foundation for protocol support.
2. 28% to Core Contributors and Early Backers: These tokens reward the team and investors who were instrumental in developing the protocol. To promote sustainable growth, these tokens will be released over three years, with a one-year cliff followed by a two-year linear unlock.
3. 10% for Community Airdrop: The NS airdrop allocation rewards active community members and early adopters who have significantly contributed to the platform's growth.
4. 5% for Governance Rewards: These tokens incentivize active participation in governance by rewarding NS holders who engage in voting on key proposals.
SuiNS (NS) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.03251 | -12.72% |
| 7 Days | $-0.05065 | -18.50% |
| 30 Days | $-0.11996 | -34.97% |
| 3 Months | $0.17814 | 396.20% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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SuiNS Conversion Rate
FAQ
How much is 1 SuiNS (NS) worth?
KuCoin provides real-time USD price updates for SuiNS (NS). SuiNS price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time NS to USD exchange rates. Is SuiNS (NS) a Good Investment?
These advantages make investing in SuiNS (NS) a potentially compelling opportunity within the blockchain ecosystem.
1. Governance Participation: As an NS token holder, you can vote on proposals that shape the platform's future, giving you a direct voice in its development.
2. Discounted Name Purchases: Use NS tokens to buy SuiNS names at reduced prices, making it more affordable to personalize your blockchain identity.
3. Potential for Value Appreciation: If the SuiNS platform grows in popularity, the demand for NS tokens may increase, potentially enhancing their value.
4. Active Community Engagement: By holding NS tokens, you become part of a community-driven project, contributing to its evolution and success.
What Is SuiNS Price Prediction?
By staying informed about these factors, you can better understand the dynamics affecting NS price prediction:
1. Market Demand: Increased interest in SuiNS services can boost NS token demand, potentially raising the $NS price.
2. SuiNS Token Utility: The more you can use NS tokens within the SuiNS ecosystem—such as for governance participation or discounted name purchases—the more valuable they may become.
3. Supply Dynamics: The total supply of NS tokens is capped at 500 million. If tokens are locked in staking or held long-term, the reduced circulating supply can affect the SuiNS price.
4. Market Sentiment: Positive news, partnerships, or developments can enhance investor confidence, influencing the NS token price.
5. Overall Crypto Market Trends: Broader market movements often impact individual token prices, including the NS to USD price.
How to Register a Name in Sui Name Service (SuiNS)
By completing these steps, you can secure a personalized, human-readable name for your Sui blockchain address, enhancing your on-chain identity. To register a name with Sui Name Service (SuiNS), follow these steps:
1. Access the SuiNS Site: Visit the SuiNS website and locate the name search bar at the top of the dashboard.
2. Search for Your Desired Name: Enter a name between 3 and 63 characters into the search field and press Enter or click the magnifying glass icon. The system will display if the name is available and show the registration price in SUI tokens.
3. Initiate Registration: If the name is available, click on it to open the registration dialog. You can choose to set this name as your default and apply any coupon codes if you have them. Then, click "Register name."
4. Approve the Transaction: Use your connected Sui wallet to approve the transaction. Upon successful registration, the new name will appear in your dashboard's "Names" section.
What is the market cap of SuiNS (NS)?
The current market cap of NS is $6M. It is calculated by multiplying the current supply of NS by its real-time market price of $6M.
How do I store SuiNS (NS)?
You can securely store your SuiNS in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your NS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Magic Eden (ME) to cash?
You can instantly exchange your Magic Eden (ME) for cash using KuCoin's Fast Trade feature. This feature enables you to convert ME to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.