NKN Achieves Self Reported Market Capitalization of $45.02 Million (NKN)

NKN (NKN) traded 7.6% lower against the U.S. dollar during the 24 hour period ending at 14:00 PM E.T. on July 3rd. In the last seven days, NKN has traded 5.5% lower against the U.S. dollar. One NKN coin can now be purchased for approximately $0.0749 or 0.00000124 BTC on popular cryptocurrency exchanges. NKN has a total market capitalization of $45.02 million and approximately $2.57 million worth of NKN was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 4.1% lower against the dollar and now trades at $0.20 or 0.00000330 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 0.6% against the dollar and now trades at $0.0120 or 0.00000020 BTC.

About NKN

NKN (NKN) uses the hashing algorithm. It launched on January 31st, 2018. NKN’s total supply is 775,593,854 coins and its circulating supply is 601,333,312 coins. The official message board for NKN is blog.nkn.org. NKN’s official website 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.

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 buy alternative cryptocurrencies such as NKN directly using U.S. dollars. Investors seeking to acquire NKN should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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