NKN (NKN) Self Reported Market Capitalization Hits $40.59 Million

NKN (NKN) traded down 4.5% against the dollar during the 1-day period ending at 21:00 PM Eastern on October 31st. During the last week, NKN has traded 8.6% lower against the dollar. One NKN coin can currently be bought for $0.0675 or 0.00000097 BTC on popular cryptocurrency exchanges. NKN has a market cap of $40.59 million and $2.58 million worth of NKN was traded on exchanges in the last 24 hours.

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

• 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 3.2% against the dollar and now trades at $69,778.40 or 0.99881252 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.3% lower against the dollar and now trades at $69,680.61 or 0.99741271 BTC.

NKN Profile

NKN uses the hashing algorithm. It was first traded on January 31st, 2018. NKN’s total supply is 780,321,391 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 official message board for NKN is blog.nkn.org. NKN’s official website is nkn.org. The Reddit community for NKN is https://reddit.com/r/nknblockchain and the currency’s Github account can be viewed 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 possible to buy alternative cryptocurrencies such as NKN directly using US dollars. Investors seeking to trade NKN should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy NKN using one of the exchanges listed above.

NKN/USD price chart by TradingView