NKN (NKN) Hits 24-Hour Volume of $4.44 Million

NKN (NKN) traded down 3.8% against the US dollar during the 24-hour period ending at 9:00 AM E.T. on February 1st. NKN has a total market cap of $6.15 million and approximately $4.44 million worth of NKN was traded on exchanges in the last 24 hours. In the last week, NKN has traded 13.4% lower against the US dollar. One NKN coin can currently be bought for about $0.0102 or 0.00000013 BTC on exchanges.

Here’s how similar 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 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.
• SolvBTC.BBN (SOLVBTC.BB) traded down 10.5% 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 (CRYPTO:NKN) uses the hashing algorithm. It launched on 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 website is nkn.org. 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 (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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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