
NKN Price (NKN)
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment Risk
Market stats
NKN is on the rise this week. ↗
The price of NKN has increased by 1.16% in the last hour and decreased by 0.08% in the past 24 hours. NKN’s price has also risen by 4.08% in the past week. The current price is £0.0519 per NKN with a 24-hour trading volume of £5.45M. Currently, NKN is valued at 95.77% below its all time high of £1.23. This all-time high was the highest price paid for NKN since its launch.
The current circulating supply of NKN is 784,443,206.657 NKN which means that NKN has as total market cap of £40,741,122.87.
Overall
Market cap
£40.7M
Volume (24h)
£5.5M
Circulating
784.4M NKN
Hold time
19 days
Popularity
#576
All time high
£1.23
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Price change
1 hour
↗ 1.16%
1 day
↘ 0.08%
1 week
↗ 4.08%
2 weeks
↗ 0.87%
1 month
↘ 30.09%
1 year
↘ 47.11%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
About NKN
New Kind of Network (NKN) is a public blockchain that aims to use economic incentives to motivate Internet users to share network connections and utilize unused bandwidth. NKN aims to be a network for building decentralized applications in a way that enhances peer-to-peer data transmission and connectivity.
FAQ
NKN, standing for New Kind of Network, is a decentralized, open-source network protocol that operates on a public blockchain-based peer-to-peer (P2P) network. It seeks to address the challenges faced by the current internet, such as centralization, scalability issues, and security concerns. NKN's primary objective is to share network bandwidth and internet connectivity. The NKN network operates on a unique consensus algorithm based on Cellular Automata, which allows for system-level convergence through simple local majority rules. The NKN token is the native token of the NKN network, with a maximum supply of 1,000,000,000 tokens.
NKN operates using a global addressing scheme based on public keys, enabling direct peer-to-peer communication without centralized servers. The routing of packets is based on the Chord Distributed Hash Table (DHT), which maps each NKN address to a random and verifiable position on the Chord DHT ring. NKN's network a mechanism called Proof-of-Relay (PoR), which compensates miners for relaying real-world data along the network. This is a departure from traditional proof-of-work systems, which reward based on computing hash functions.
NKN has several potential use cases, including a Content Delivery system, Edge computing, D-chat (a messaging app), and nShell ( remote terminal access). These applications strive to harness the collective power of the community to create a platform for decentralized applications. By tokenizing network connectivity and data transmission capacity, NKN aims to incentivize the sharing of network resources, thereby improving the utilization of network resources and data transmission.
NKN was founded by Yanbo Li, Bruce Li, and Yilun Zhang, who have backgrounds in networking software and blockchain technology. The project was launched in July 2019 with the NKN Mainnet and has since grown to include up to 25,000 full consensus nodes. The project's advisors include Stephen Wolfram, creator of Mathematica and Wolfram|Alpha, and Whitfield Diffie, inventor of public-key cryptography. NKN's main goals include decentralizing internet infrastructure, improving scalability, and promoting network security.
We update our NKN to GBP currency in real-time. Get the live price of NKN on Coinbase.
The current market cap of NKN is £40.74M. A high market cap implies that the asset is highly valued by the market.
The all-time high of NKN is £1.23. This all-time high is highest price paid for NKN since it was launched.
Over the last 24 hours, the trading volume of NKN is £5.45M.
Assets that have a similar market cap to NKN include MyNeighborAlice, XPLA, ResearchCoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of NKN is 784 million.
The median time that Coinbase customers hold NKN before selling it or sending it to another account or address is 19 days.
NKN ranks 97 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 63% of Coinbase users are buying NKN. In other words, 63% of Coinbase customers have increased their net position in NKN over the past 24 hours through trading.
Yes, NKN is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy NKN guide.
NKN Price History
Date | Price | Change |
---|---|---|
Today (February 17, 2025) | £0.0519 | +0.38% |
24 hours ago (February 16, 2025) | £0.0517 | -0.08% |
1 week ago (February 10, 2025) | £0.0504 | +4.08% |
1 month ago (January 17, 2025) | £0.0759 | -30.09% |
1 year ago | £0.0982 | -47.11% |
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
NKN Calculator
How much is 1 NKN?
Conversion Table
1 NKN (NKN) to Canadian Dollar (CAD)
CA$0.0928
1 NKN (NKN) to Euro (EUR)
€0.0624
1 NKN (NKN) to Nigerian Naira (NGN)
NGN 98.67
Social
Some highlights about NKN on social media
95 unique individuals are talking about NKN and it is ranked #1,614 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, NKN has an average sentiment score of 4.2 out of 5. Finally, NKN is becoming more newsworthy, with 0 news articles published about NKN. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about NKN. There were 28.57% of tweets with bullish sentiment compared to 5.49% of tweets with a bearish sentiment about NKN. 65.93% of tweets were neutral about NKN. These sentiments are based on 202 tweets.
On Reddit, NKN was mentioned in 1 Reddit posts and there were 3 comments about NKN. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Overview
Contributors
95 people
Posts
249 posts
Dominance
0.01%
Volume rank
#1,614
Average Sentiment
4.2 out of 5
Tweet Count
202 people
Sentiment
28.57%
Bullish
65.93%
Neutral
5.49%
Bearish
Related Assets
Discover conversions
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Comparable market cap
Of all the assets on Coinbase, these 12 are the closest to NKN in market cap.
Discover more assets
A selection of other relevant cryptocurrencies
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.