NKN Hits Self Reported Market Cap of $43.41 Million (NKN)

NKN (NKN) traded 3.4% higher against the dollar during the twenty-four hour period ending at 18:00 PM Eastern on October 29th. NKN has a market capitalization of $43.41 million and approximately $4.90 million worth of NKN was traded on exchanges in the last day. One NKN coin can currently be bought for $0.0722 or 0.00000100 BTC on popular cryptocurrency exchanges. Over the last week, NKN has traded down 6.1% against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 3.6% against the dollar and now trades at $72,022.80 or 0.99728838 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.9% higher against the dollar and now trades at $71,901.54 or 0.99560930 BTC.

NKN Profile

NKN uses the hashing algorithm. It was first traded on January 31st, 2018. NKN’s total supply is 780,237,950 coins and its circulating supply is 601,333,312 coins. The Reddit community for NKN is https://reddit.com/r/nknblockchain and the currency’s Github account can be viewed here. NKN’s official message board is blog.nkn.org. NKN’s official Twitter account is @nkn_org and its Facebook page is accessible here. The official website for NKN is nkn.org.

According to CryptoCompare, “NKN, or New Kind of Network, is a cryptocurrency token and project focused on networking and connectivity. The NKN token is the primary medium of exchange within the NKN ecosystem, incentivizing participants to share their network bandwidth and computing resources. The NKN platform aims to redefine the Internet’s network connectivity segment by decentralizing network resources. NKN tokens are used to incentivize and reward participants, fuel the platform’s unique consensus algorithm, MOCA, and facilitate decision-making within the network. The NKN project was developed by a team of experienced technologists, including co-founders Yanbo Li, Bruce Li, and Yilun Zhang, with a mission to build a decentralized, shared, and secure Internet of the future.”

NKN Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as NKN directly using U.S. dollars. Investors seeking to acquire NKN should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase NKN using one of the exchanges listed above.

NKN/USD price chart by TradingView