NKN (NKN)

NKN (NKN) Price

Rank 1432

$0.005309
+$0.000169(+3.30%)

Market Cap

$4.24M

24h High

$0.005451

24h Low

$0.005139

24h Turnover

$2.70K

Total Supply

799.48M

Market Sentiment

Neutral

Price of NKN (NKN) Today in USD

View NKN (NKN) Price Prediction

The live price of NKN (NKN) today is $0.005309, with a 24h change of +3.30%. Over the same period, the low was $0.005139, the high was $0.005451, and the 24h trading volume was $2.70K. The current market cap is approximately $4.24M. It ranks #1432 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $1.440000 (⁦2021-04-09⁩); the current price is -99.63% from the all-time high.

NKN (NKN) Price History

  • 7 Days

    -4.32%

    Low
    $0.004969
    High
    $0.006229
  • 30 Days

    -18.24%

    Low
    $0.004009
    High
    $0.007270
  • 90 Days

    -0.05%

    Low
    $0.004009
    High
    $0.009759
  • 1 Year

    -71.36%

    Low
    $0.003809
    High
    $0.028226

Fear & Greed Index

0 Extreme Fear100 Extreme Greed
Yesterday
34
Fear
Last Week
50
Normal
Last Month
67
Greed

The Fear & Greed Index is currently 37/100, in the Fear zone; change from yesterday: +3, from last week: -13, and from last month: -30. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did NKN (NKN) Rise in the Last 24 Hours?

The top-five-level bid-to-ask volume ratio was 1.31, broadly balanced. However, bids at $0.005124 accounted for about 75.5% of bid-side volume, so the concentrated orders could offer short-term support, which may weaken if they are withdrawn. A single snapshot does not establish accumulation or deliberate price support. The candle at 20:00 UTC on 2026-11-01 closed 3.62% below its open; the price later recovered about 3.58% from that close, but without a historical volume baseline it is unclear whether the recovery came with higher volume. The combined technical signal was bearish: moving averages were weak on the 15-minute and 4-hour timeframes, and low ADX readings indicated limited trend persistence. A higher 1-hour ADX reflects trend strength, not direction. NKN is categorized as DePIN, and Ethereum is the listed blockchain; its market capitalization and FDV were both about $4.28 million. Small market capitalization does not imply ample liquidity. Trading-volume data was unavailable, so the move cannot be attributed to broad capital inflows.

About NKN (NKN)

Nkn (new kind of network) is a new network infrastructure and ecosystem driven by blockchain technology, which is open, decentralized and shared by communities. Nkn encourages users to share excess network bandwidth, assists equipment service providers to effectively allocate network resources, and encourages individuals and enterprises to deploy more nodes to join the network to provide data transmission services for other nodes, so as to obtain economic returns. The goal of Nkn is to use blockchain technology to create new opportunities for network transmission and solve the problems of resource allocation, transmission efficiency and value transmission in the current network. After the Ethereum blockchain computing capability and filecoin/ipfs blockchain storage capability, it has become a public chain infrastructure that blockchain another core element of information technology - network transmission resources. Its technical innovation lies in dynamic routing, network relay proof, highly scalable consensus mechanism and resource sharing incentive. Nkn token is the original token in the Nkn ecosystem economy, which is used to encourage network resource sharing and effectively use excess network broadband.

Use Cases and Features

NKN is the native network token of New Kind of Network, serving a decentralized connectivity and data-transfer network. The network consists of distributed nodes, each of which only needs to know some neighboring nodes, while data can be forwarded through efficient and verifiable paths. It is intended for applications that need peer-to-peer communication capabilities and supports data delivery using fixed NKN addresses and end-to-end encryption.

Supply and Issuance Mechanism

NKN is used to incorporate network connectivity and data-transfer capacity into tokenized incentives. When network nodes relay data, Proof of Relay performs random, verifiable checks on some data packets, and the related proofs can be used for payments and rewards; token issuance is therefore linked to incentives for nodes to share network resources.

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Frequently Asked Questions About NKN (NKN)

What is NKN?

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What network problems does NKN primarily seek to solve?

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How does NKN's decentralized data transmission network work?

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What are the characteristics of NKN nodes and data transmission paths?

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What is Proof of Relay (PoR)?

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Why does NKN randomly select data packets as relay proofs?

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What work generates NKN node rewards, and where are they sent by default?

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What do NKN nodes do in relaying and consensus, respectively?

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What role does the NKN token play in the network?

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What key requirements are needed to run an NKN mainnet node?

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Why might an NKN node synchronize normally but still be unable to mine?

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What use cases is NKN intended for?

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Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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