NKN Achieves Self Reported Market Capitalization of $51.50 Million (NKN)

NKN (NKN) traded 1.3% lower against the US dollar during the 24-hour period ending at 10:00 AM ET on January 9th. NKN has a total market capitalization of $51.50 million and $9.89 million worth of NKN was traded on exchanges in the last 24 hours. One NKN coin can currently be bought for approximately $0.0856 or 0.00000091 BTC on cryptocurrency exchanges. During the last seven days, NKN has traded down 12.1% against the US dollar.

Here’s how related 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 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.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.4% against the dollar and now trades at $92,303.00 or 1.00122417 BTC.
• SolvBTC (SOLVBTC) traded down 3% against the dollar and now trades at $92,188.60 or 0.99998325 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 783,002,329 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.”

Buying and Selling NKN

It is usually not 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy NKN using one of the exchanges listed above.

NKN/USD price chart by TradingView