NKN (NKN) Trading Down 7.2% This Week

NKN (NKN) traded down 7% against the US dollar during the 1-day period ending at 0:00 AM E.T. on January 24th. One NKN coin can now be purchased for approximately $0.0992 or 0.00000438 BTC on popular exchanges. NKN has a total market capitalization of $59.68 million and $13.35 million worth of NKN was traded on exchanges in the last day. During the last week, NKN has traded 7.2% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 8.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 4.3% against the dollar and now trades at $0.0590 or 0.00000261 BTC.
• CareCoin (CARES) traded down 4.3% against the dollar and now trades at $0.0732 or 0.00000324 BTC.
• OmniaVerse (OMNIA) traded down 2.6% against the dollar and now trades at $0.0020 or 0.00000009 BTC.
• Kitty Inu (KITTY) traded down 4.3% against the dollar and now trades at $90.62 or 0.00400651 BTC.
• Lunar (LNR) traded up 5.1% against the dollar and now trades at $0.0286 or 0.00000127 BTC.
• Hokkaidu Inu (HOKK) traded down 2.8% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• QANplatform (QANX) traded 4.3% lower against the dollar and now trades at $6,361.15 or 0.28122715 BTC.
• 2G Carbon Coin (2GCC) traded 0.3% lower against the dollar and now trades at $135.02 or 0.00596925 BTC.
• Lego Coin (LEGO) traded up 1.2% against the dollar and now trades at $0.0408 or 0.00000180 BTC.

NKN Profile

NKN uses the hashing algorithm. It launched on January 31st, 2018. NKN’s total supply is 754,831,362 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 website for NKN is nkn.org. The official message board for NKN is blog.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 (New Kind of Network) is a highly scalable, self-evolving and self-incentivized blockchain network infrastructure. It addresses the network decentralization and self-evolution by introducing Cellular Automata (CA) methodology for both dynamism and efficiency. NKN tokenizes network connectivity and data transmission capacity as a useful Proof of Work.Proof of Relay (PoR) is a peer-to-peer sharing mechanism at blockchain level. Participants receive rewards by contributing more network resources than they consume. NKN uses Proof of Relay mechanism to guarantee network connectivity and data transmission capacity.NKN is an ERC20 token that serves as a currency on the NKN ecosystem and works as the incentive given to participants that share their connectivity and bandwidth.”

Buying and Selling NKN

It is usually not possible to purchase alternative cryptocurrencies such as NKN directly using U.S. dollars. Investors seeking to trade NKN should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase NKN using one of the exchanges listed above.