Nodle is a decentralized physical infrastructure Network (DePIN) that leverages the power of smartphones to create a global communication network for social good. The protocol powers critical usages such as authenticating media content, locating assets, and proving location.
This article will take a closer look at the Nodle Network to understand what it is and how it works. We shall also explore its native NODL token, learn its use cases, predict its price until 2030, and list exchanges where it can be traded, before determining whether it is a credible cryptocurrency investment.
So, without further ado, let’s get started.
What is the Nodle Network?
Nodle is a DePIN protocol on the zkSync blockchain that utilizes the computational power of smartphones to create a global communication network for IoT devices. Anyone with a smartphone can become a node on Nodle by running the app, which also allows them to earn crypto and mint NFTs.
The protocol rewards users based on the wireless data packets that are transmitted through their smartphone’s network. Nodle’s mission is to establish a secure, private, and scalable network infrastructure for IoT-powered devices and sensors.
How Does the Nodle Network Function?
The Nodle Network leverages smartphones as nodes to create a decentralized digital trust network for social good. Here is how it rewards users for participating in various activities:
What is the Nodle Network (NODL) Token?
NODL is the native utility and governance token of the Nodle Network. The cryptocurrency is used for several purposes on the blockchain. NODL tokens are minted and distributed to nodes, operators, and collators for their services. The token is used for connecting devices and paying network fees. NODL holders also gain the right to vote on significant changes to the Nodle network.
NODL has a total supply of 8.66 billion tokens with a market capitalization of $15.073 million. Currently, there are 3.68 billion NODL in circulation with a 24-hour trading volume of $845,028.
Nodle Network (NODL) Price Prediction: 2024, 2025, 2026, 2027, 2028, 2029, 2030
At the time of writing, NODL is trading at $0.004086 – down 2.5% over the last 24 hours. Based on its current valuation, we have projected the rates at which the token could be changing hands between 2024 and 2030.
Please note that the numbers given below are speculative and could change depending on the market performance of the NODL token.
| YEAR | MINIMUM PRICE | AVERAGE PRICE | MAXIMUM PRICE |
|---|---|---|---|
| 2024 | $0.06135 | $0.1043 | $0.1472 |
| 2025 | $0.1129 | $0.1791 | $0.2454 |
| 2026 | $0.1718 | $0.1963 | $0.2208 |
| 2027 | $0.07852 | $0.1178 | $0.1570 |
| 2028 | $0.1080 | $0.1521 | $0.1963 |
| 2029 | $0.1865 | $0.3141 | $0.4417 |
| 2030 | $0.3926 | $0.4662 | $0.5398 |
Where to Buy Nodle Network (NODL) Tokens?
You can purchase and trade Nodle Network (NODL) tokens from the following cryptocurrency exchanges:
Is Nodle Network a Credible Cryptocurrency Investment?
Nodle is a decentralized physical infrastructure network (DePIN) deployed on the zkSync blockchain. It utilizes the computational power of smartphones to create a decentralized digital network connecting IoT devices.
The protocol has critical applications such as authenticating media content, locating assets, and proving the location of devices. Nodle incentivizes its node operators by rewarding them with NODL tokens.
All things considered, I would recommend Nodle as a credible cryptocurrency investment as it has an important role to play in bringing IoT devices onto the blockchain. However, as is the case with every cryptocurrency, NODL is also prone to extreme price dynamics in the cryptocurrency market.
Therefore, you must thoroughly research the Nodle Network to understand its benefits and risks before making any investment decision.
Read more: Protocol Zero (ZRO) Price Prediction 2024 – 2030, Where To Buy, Is It A Good Investment?
