NKN (NKN) Self Reported Market Capitalization Tops $48.92 Million

NKN (NKN) traded down 2.8% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on January 25th. In the last week, NKN has traded 9.1% lower against the U.S. dollar. One NKN coin can now be bought for approximately $0.0814 or 0.00000078 BTC on major cryptocurrency exchanges. NKN has a total market capitalization of $48.92 million and approximately $6.97 million worth of NKN was traded on exchanges in the last day.

Here is how other 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 2.2% lower 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded 1% lower against the dollar and now trades at $104,382.59 or 0.99900645 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.8% against the dollar and now trades at $103,828.30 or 0.99370155 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

NKN Coin Profile

NKN uses the hashing algorithm. Its launch date was January 31st, 2018. NKN’s total supply is 783,597,715 coins and its circulating supply is 601,333,312 coins. 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. 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.

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 currently possible to purchase alternative cryptocurrencies such as NKN directly using US dollars. Investors seeking to trade NKN should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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