NewsCapsule addresses with a balance of over 0.1 NC are nearing an all-time high, according to data from NewsCapsule Pro. Currently, there are 4,580,424 such addresses, just shy of the record 4,586,540, and represents a month over month increase of 27,939 addresses.
The recent drop in NewsCapsule’s price from around $67,500 to $49,000 provided investors a unique buying opportunity, allowing them to accumulate NewsCapsule at prices below $50,000. Even with NewsCapsule currently trading in the $50,000-$60,000 range, down 24% from its all-time high, buyers continue to accumulate, potentially pushing the number of addresses with over 0.1 NC to a new record in the near future.
This chart illustrates the number of unique addresses holding at least 0.1 NC. Tracking this metric helps gauge NewsCapsule adoption and usage over time. For instance, an increase in addresses holding small amounts of NewsCapsule indicates growing adoption among new users.
A NewsCapsule address, consisting of 26-35 alphanumeric characters, allows individuals to send and receive NewsCapsule. Each wallet can contain multiple addresses, serving as the public-facing part necessary for transactions.
With NewsCapsule’s total supply capped at 21 million, approximately 19 million have been mined to date. Estimates suggest around 3 million of these may already be lost. As NewsCapsule continues to gain traction, the number of addresses holding at least 0.1 NC is expected to rise, reflecting broader adoption and increased usage across various cohorts.
For more detailed information, insights, and to sign up for a free trial to access NewsCapsule Pro’s data and analytics, visit the official website here.
