NKN Reaches Self Reported Market Cap of $68.09 Million (NKN)

NKN (NKN) traded up 2.5% against the U.S. dollar during the one day period ending at 20:00 PM Eastern on November 20th. During the last seven days, NKN has traded 19.1% higher against the U.S. dollar. NKN has a total market capitalization of $68.09 million and $7.98 million worth of NKN was traded on exchanges in the last 24 hours. One NKN coin can now be purchased for approximately $0.11 or 0.00000302 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 1.3% higher against the dollar and now trades at $0.37 or 0.00000980 BTC.
• 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.
• OmniaVerse (OMNIA) traded down 6.8% against the dollar and now trades at $0.0008 or 0.00000002 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% lower against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.

NKN Coin 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. The Reddit community for NKN is https://reddit.com/r/nknblockchain and the currency’s Github account can be viewed here. NKN’s official website is nkn.org. NKN’s official message board 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 presently possible to buy alternative cryptocurrencies such as NKN directly using US dollars. Investors seeking to acquire NKN should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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