NKN Trading Up 10.2% This Week (NKN)

NKN (NKN) traded 4.8% higher against the US dollar during the one day period ending at 9:00 AM E.T. on November 30th. One NKN coin can now be purchased for about $0.12 or 0.00000122 BTC on major exchanges. NKN has a total market cap of $70.77 million and $8.50 million worth of NKN was traded on exchanges in the last 24 hours. During the last seven days, NKN has traded up 10.2% against the US dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.6% lower against the dollar and now trades at $96,330.46 or 0.99790395 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% lower against the dollar and now trades at $96,201.27 or 0.99656564 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About NKN

NKN uses the hashing algorithm. Its launch date was January 31st, 2018. NKN’s total supply is 781,444,576 coins and its circulating supply is 601,333,312 coins. NKN’s official Twitter account is @nkn_org and its Facebook page is accessible here. The Reddit community for NKN is https://reddit.com/r/nknblockchain and the currency’s Github account can be viewed here. The official website for NKN is nkn.org. NKN’s official message board is blog.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.”

Buying and Selling NKN

It is usually not 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 Changelly, GDAX or Gemini. 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