Kin Market Capitalization Achieves $33.42 Million (KIN)

Kin (KIN) traded 0.5% lower against the dollar during the 24 hour period ending at 19:00 PM Eastern on November 2nd. Kin has a total market capitalization of $33.42 million and $192,828.70 worth of Kin was traded on exchanges in the last day. Over the last week, Kin has traded up 2.7% against the dollar. One Kin token can currently be purchased for about $0.0000 or 0.00000000 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.1% against the dollar and now trades at $69,276.40 or 1.00005877 BTC.
• SolvBTC (SOLVBTC) traded down 0% against the dollar and now trades at $69,244.55 or 0.99959910 BTC.

About Kin

Kin (KIN) uses the hashing algorithm. It was first traded on September 12th, 2017. Kin’s total supply is 2,757,861,681,637 tokens. Kin’s official Twitter account is @kin_ecosystem and its Facebook page is accessible here. The official website for Kin is www.kin.org. The Reddit community for Kin is https://reddit.com/r/kin and the currency’s Github account can be viewed here. Kin’s official message board is kin.org/news.

According to CryptoCompare, “Kin was established in 2017 and is supervised by the Kin Foundation, a Canadian nonprofit corporation established for the governance of the cryptocurrency Kin and is tasked with growing an open ecosystem of digital services.

The Kin blockchain is built to scale for mass usage and supports an Ecosystem-wide digital economy where app developers and mainstream consumers make millions of micro-transactions.

KIN is used to generate value through a shared, decentralized cryptocurrency in a digital ecosystem of apps and their users. App developers anywhere can seamlessly integrate the Kin SDK into their platform and become active partners in the Ecosystem’s growth. When developers join the Kin Ecosystem, they benefit from the Kin Rewards Engine (KRE), which incentivizes app developers to create engaging user experiences and pays them when users spend Kin within their apps.

The Stellar Consensus Protocol (SCP) was first described in a whitepaper by David Mazières in 2015. It is a “federated Byzantine agreement system” that allows decentralized, leaderless computing networks efficiently to reach a consensus outcome on some decision.”

Buying and Selling Kin

It is usually not possible to purchase alternative cryptocurrencies such as Kin directly using US dollars. Investors seeking to acquire Kin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kin using one of the aforementioned exchanges.

KIN/USD price chart by TradingView