NKN Self Reported Market Capitalization Achieves $40.29 Million (NKN)

NKN (NKN) traded down 0.6% against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on November 1st. One NKN coin can currently be purchased for about $0.0670 or 0.00000096 BTC on popular cryptocurrency exchanges. In the last week, NKN has traded up 0.2% against the U.S. dollar. NKN has a total market cap of $40.29 million and $2.73 million worth of NKN was traded on exchanges in the last 24 hours.

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

• 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.
• 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 down 2.2% 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 0.3% higher against the dollar and now trades at $69,670.19 or 0.99935581 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.1% against the dollar and now trades at $69,566.46 or 0.99786788 BTC.

NKN Coin Profile

NKN (CRYPTO:NKN) uses the hashing algorithm. It launched on January 31st, 2018. NKN’s total supply is 780,362,486 coins and its circulating supply is 601,333,312 coins. 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. 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 possible to purchase alternative cryptocurrencies such as NKN directly using U.S. dollars. Investors seeking to trade NKN should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase NKN using one of the exchanges listed above.

NKN/USD price chart by TradingView