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NKN

NKN

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Market

Market stats

Market cap

$104.8M

Volume (24h)

$43.6M

Circulating supply

754.8M NKN

Typical hold time

20 days

Popularity

#386

All time high

$1.54

Price change (1h)

-0.72%

Price change (24h)

+0.51%

Price change (7d)

+15.56%

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.

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.

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Coinbase Bytes

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NKN is on the rise this week.

The price of NKN has decreased by 0.72% in the last hour and increased by 0.51% in the past 24 hours. NKN’s price has also risen by 15.56% in the past week. The current price is $0.14 per NKN with a 24-hour trading volume of $43.61M. Currently, NKN is valued at 91.06% below its all time high of $1.54. This all-time high was the highest price paid for NKN since its launch.

The current circulating supply of NKN is 754,831,361.678 NKN which means that NKN has as total market cap of 754,831,361.678.

FAQ

What is the current price of NKN?

We update our NKN to USD currency in real-time. Get the live price of NKN on Coinbase.

What is the market cap of NKN?

The current market cap of NKN is $104.81M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of NKN?

The all-time high of NKN is $1.54. This all-time high is highest price paid for NKN since it was launched.

What is the 24 hour trading volume of NKN?

Over the last 24 hours, the trading volume of NKN is $43.61M.

What other assets are similar to NKN?

Assets that have a similar market cap to NKN include PAID Network, Ardor, Tokamak Network, and many others. To see a full list, see our comparable market cap assets.

How many NKN are there?

The current circulating supply of NKN is 755 million.

What is the typical holding time of NKN?

The median time that Coinbase customers hold NKN before selling it or sending it to another account or address is 20 days.

What is the relative popularity of NKN?

NKN ranks 66 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of NKN?

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.

Can I buy NKN on Coinbase?

Yes, NKN is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy NKN guide.

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Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.