NKN (NKN) Trading Down 16.7% This Week

NKN (NKN) traded down 14% against the dollar during the 1 day period ending at 17:00 PM Eastern on October 1st. One NKN coin can now be purchased for about $0.0680 or 0.00000111 BTC on exchanges. Over the last seven days, NKN has traded 16.7% lower against the dollar. NKN has a market cap of $40.90 million and $6.22 million worth of NKN was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over 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 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 0.8% against the dollar and now trades at $0.0447 or 0.00000074 BTC.

NKN Profile

NKN (CRYPTO:NKN) uses the hashing algorithm. It was first traded on January 31st, 2018. NKN’s total supply is 779,146,784 coins and its circulating supply is 601,333,312 coins. The official website for NKN is 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. NKN’s official message board is blog.nkn.org.

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 purchase alternative cryptocurrencies such as NKN directly using US dollars. Investors seeking to trade NKN should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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