NKN (NKN)

Market Cap

$13,265,314 USD

Volume (24h)

$2,452,590 USD

4.3
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    NKN Markets Rank: 4/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    NKN Volume Ratio Rank: 18/100

  • Market Cap

    The total cost of all coins available.

    NKN Market Cap Rank: 92/100

  • 24h Change

    Is the price moving up or down?

    NKN 24h Change Rank: 50/100

  • Social Following

    How many users are following this coin?

    NKN Social Following Rank: 65/100

  • Google Trends

    How many users are searching for the coin?

    NKN Google Trends Rank: 37/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    NKN Twitter Citation Rank: 31/100

  • User Voting

    How popular is this coin among Cointobuy community?

    NKN User Voting Rank: 95/100

NKN investment analysis

This currency is part of a blockchain project which aims at revolutionizing the way that we access the internet. Currently, the way we connect is very centralized. Data is controlled by internet service providers that can throttle your connection any time that they choose.

This is part of the reason that there was so much outrage over net neutrality, and why this project wants to address the issue. In much the same way that Ethereum has decentralized applications, your NKN investment will do the same for internet access.

This decentralized exchange will allow users to trade network connectivity and data transmission, allowing them to use microtransactions to facilitate the distribution of network resources. Those who wish to run a relay node in order to power this platform will be incentivized with tokens in a new form of mining under Proof of Relay.

It's such a cool idea that you wonder why it has not yet been approached, and it seems that this project has found a great way to apply the blockchain in a very meaningful way.

How to buy?
current price
$0.028426
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+203.8%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.086368
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

81/2055
by Safety
1024/2055
by Profit
historical data

How to buy NKN?

The exchanges where you can buy NKN are few and far between, unfortunately. The distribution for this asset is not great, but there is a substantial trading volume on the available options. You can exchange using three pairs easily which include Ethereum, US Dollar Tether, and Neo. Tether by far is the biggest liquidity pool, but Ethereum is a close second. Either of those options will allow you to perform a trade quickly and for a fair price.

This is a NEO based asset. Unfortunately, this is not as popular as the ERC20 model, and there are less wallets available for it. The best option is likely the official NEO wallet which also supports underlying assets. However, they may be some other options available as well. In these cases, it's usually best to check the project's website for recommendations. In any case, make sure to always back up your wallet files or seeds to make sure you are protected from hardware or software issues. If your wallet becomes inoperable, this is the only way to access your funds again.