NKN (NKN) Price Down 4% This Week

NKN (NKN) traded up 7.4% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on November 6th. NKN has a total market capitalization of $41.19 million and $4.81 million worth of NKN was traded on exchanges in the last day. One NKN coin can now be purchased for $0.0685 or 0.00000092 BTC on exchanges. In the last week, NKN has traded 4% lower against the US dollar.

Here is how similar cryptocurrencies have performed in 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 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.
• 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 (SOLVBTC) traded 5.9% higher against the dollar and now trades at $74,178.23 or 0.99839172 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.5% higher against the dollar and now trades at $74,172.23 or 0.99831101 BTC.

NKN Coin Profile

NKN uses the hashing algorithm. It was first traded on January 31st, 2018. NKN’s total supply is 780,537,871 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. NKN’s official website 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, 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 U.S. dollars. Investors seeking to trade NKN should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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