NKN Price Hits $0.0102 on Top Exchanges (NKN)

NKN (NKN) traded down 3.8% against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on February 1st. NKN has a market capitalization of $6.15 million and $4.44 million worth of NKN was traded on exchanges in the last 24 hours. In the last week, NKN has traded down 13.4% against the dollar. One NKN coin can now be bought for $0.0102 or 0.00000013 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded 5.4% lower against the dollar and now trades at $78,075.59 or 0.99876605 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

NKN Coin Profile

NKN (NKN) uses the hashing algorithm. Its launch date was January 31st, 2018. NKN’s total supply is 796,708,638 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 Twitter account is @nkn_org and its Facebook page is accessible here. The official message board for NKN is blog.nkn.org. NKN’s official website is nkn.org.

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.”

NKN Coin Trading

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

NKN/USD price chart by TradingView