NKN Price Down 8.6% This Week (NKN)

by · The Markets Daily

NKN (NKN) traded 5.4% lower against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on November 3rd. One NKN coin can currently be bought for $0.0618 or 0.00000090 BTC on major exchanges. NKN has a total market capitalization of $37.14 million and $2.65 million worth of NKN was traded on exchanges in the last day. In the last week, NKN has traded 8.6% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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 down 1.1% against the dollar and now trades at $68,474.29 or 0.99945953 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded down 1.3% against the dollar and now trades at $68,346.94 or 0.99760066 BTC.

NKN Coin Profile

NKN (CRYPTO:NKN) uses the hashing algorithm. Its genesis date was January 31st, 2018. NKN’s total supply is 780,435,165 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. The official website for NKN is nkn.org. The official message board for NKN is blog.nkn.org. NKN’s official Twitter account is @nkn_org and its Facebook page is accessible here.

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 US dollars. Investors seeking to acquire NKN should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NKN using one of the aforementioned exchanges.

NKN/USD price chart by TradingView