Nosana is a decentralized cloud infrastructure platform working on blockchain technology. The project offers a zero lock-in GPU grid, ideal for AI development and training.
Nosana allows individuals, miners, and enterprises to monetize their idle graphic processors by remotely renting out their computing power. The platform is built on top of the Solana mainnet and is powered by the $NOS crypto token.
This article will give you a comprehensive overview of the Nosana blockchain ecosystem and its native token.
I will take a deep dive into the major features of the platform, its token economics, past market performance, and future price forecasts. In the end, you can find details of where and how you can buy the Nosana token.
Let’s jump in.
Nosana (NOS) Key Features
| Decentralized | Nosana offers on-demand access to GPU resources without solely depending on any one entity. |
| Scalable | The users get direct access to GPU nodes which can be scaled up with their computational needs. |
| Cost-effective | Nosana costs up to 85% less compared to centralized clouds. |
| Eco-friendly | Nosana helps reduce dependence on data centers which consume gargantuan amounts of electricity to run. |
Nosana (NOS) Tokenomics
The Nosana token has a total supply of 100 million, which is also the token’s maximum supply cap. At 85.8 million, 85.5% of the supply is already in existing circulation.
Nosana (NOS) Past Performance
Nosana token debuted on the exchanges in March 2022 at an opening price of $0.238. There has not been considerable trading activity of the token until November 2023. Starting from the end of 2023, the Nosana token took off.
While I am penning this article, the Nosana token is trading at $4.14, which is 2.40% down from yesterday.
The token’s market capitalization stands at $355 million and the 24-hour trading volume stands at $2.74 million.
Nosana (NOS) Price Prediction
Technical indicators suggest that the current market sentiment is bullish and the fear & greed index is at 73, signaling greed.
In the last month, Nosana recorded 15 (50%) green days with a decent 16.49% price volatility. Our technical analysts are of the opinion that now is a good time to buy the Nosana token.
2024: In 2024, the price of the Nosana token is projected to go up by 229.11% and hit $13.62 by the third week of May.
2025: Going forward to 2025, the Nosana token is expected to trade in the range of between $4.14 and $19.63. If we compare this to today’s price, the token could gain as much as 368.40%.
2030: Moving ahead to 2030, Nosana price is expected to fall in the range of $10.51 and $17.04. In comparison, this will be equated to a 306.80% gain if the token hits its upper price target.
Where to Buy Nosana (NOS)?
You can buy the Nosana token from the following places.
How to Buy Nosana (NOS)?
You can find good market depth for the Nosana token with Tether at Gate.io. Follow these steps to make your purchase.
- First visit the Gate.io website, sign up for a new account, and complete the KYC.
- Now, load the Gate.io wallet with Tether (USDT) stablecoins.
- Navigate to Gate.io’s trading section and search DEGEN/USDT.
- Choose the ‘limit order’ and enter the number of Degen tokens you plan to buy. Hit the ‘buy’ button.
- Click ‘confirm’ and when the transaction is complete you can find them on your Gate.io wallet.
Conclusion
Nosana combines two of the most popular technologies out there. The platform leverages blockchain technology to create an efficient market for the leftover graphic processing power.
The platform’s native token, NOS, has not been doing really well in its initial years. However, the now appears to be on its path to recovery. Our analysts are cautiously optimistic about the future performance of Nosana token.
As always, do your independent research before putting your money into crypto investments. Owing to the premature nature of the asset class, crypto markets are extremely volatile and market sentiments can have a dramatic impact on the price of crypto assets. Also, make sure that you are not investing with borrowed money or breaking your emergency fund to do your investment.
Read More: Nomeme Price Prediction & Forcast: 2024, 2025, 2026, 2027,2028,2029,2030
