NKN (NKN) Price Tops $0.0690 on Exchanges

NKN (NKN) traded 1.8% higher against the US dollar during the one day period ending at 12:00 PM Eastern on August 2nd. One NKN coin can now be purchased for approximately $0.0690 or 0.00000109 BTC on major cryptocurrency exchanges. Over the last seven days, NKN has traded 11.5% lower against the US dollar. NKN has a market capitalization of $41.52 million and $3.97 million worth of NKN was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 2.4% lower against the dollar and now trades at $0.0124 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

NKN Coin Profile

NKN uses the hashing algorithm. Its launch date was January 31st, 2018. NKN’s total supply is 776,781,834 coins and its circulating supply is 601,333,312 coins. 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. 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 currently possible to buy alternative cryptocurrencies such as NKN directly using US dollars. Investors seeking to trade NKN should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NKN using one of the aforementioned exchanges.

NKN/USD price chart by TradingView