New Kind of Network
Market Open
14 Jun, 07:29
$
0. 005800
+0.0002
+3.5714%
$
2.44M Volume
$ 0.0056
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NKNUSD Overview
NKNUSD denotes the market price of New Kind of Network (NKN) denominated in US dollars. It reflects the amount of USD required to buy one unit of the NKN token at a given moment across trading venues where the pair is quoted.
New Kind of Network is a blockchain-based project and utility token designed to incentivize decentralized data transmission and peer-to-peer connectivity. The protocol and token were introduced in 2018 by the project’s founding team and outlined in its whitepaper. NKN operates as an open-source network that rewards participants who provide relay and bandwidth services, with tokenized incentives central to its economic model.
The NKNUSD rate is formed by market forces: buy and sell orders on exchanges, liquidity available in order books, and shifting sentiment among investors and users. Price movements are also influenced by protocol updates, network usage metrics, listings or delistings, broader cryptocurrency trends, macroeconomic conditions and regulatory developments that affect risk appetite.
NKNUSD matters to market participants because it provides a tradable valuation of the network’s utility and adoption. Traders use the pair to speculate on price changes, implement hedging strategies or arbitrage across venues, while longer-term investors may assess it as a gauge of network growth and token economic health.
As with many altcoin pairs, NKNUSD can exhibit elevated volatility and varying liquidity depending on exchange support, so execution and risk management are important considerations.
New Kind of Network is a blockchain-based project and utility token designed to incentivize decentralized data transmission and peer-to-peer connectivity. The protocol and token were introduced in 2018 by the project’s founding team and outlined in its whitepaper. NKN operates as an open-source network that rewards participants who provide relay and bandwidth services, with tokenized incentives central to its economic model.
The NKNUSD rate is formed by market forces: buy and sell orders on exchanges, liquidity available in order books, and shifting sentiment among investors and users. Price movements are also influenced by protocol updates, network usage metrics, listings or delistings, broader cryptocurrency trends, macroeconomic conditions and regulatory developments that affect risk appetite.
NKNUSD matters to market participants because it provides a tradable valuation of the network’s utility and adoption. Traders use the pair to speculate on price changes, implement hedging strategies or arbitrage across venues, while longer-term investors may assess it as a gauge of network growth and token economic health.
As with many altcoin pairs, NKNUSD can exhibit elevated volatility and varying liquidity depending on exchange support, so execution and risk management are important considerations.
NKNUSD Chart
NKNUSD FAQ
What is the current New Kind of Network price?
The current price is $0.005800, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.0002 (+3.5714%), showing how much the asset has moved compared to the previous close.
What is the previous close for New Kind of Network?
The previous close was $0.005600, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+3.5714%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.005400) and highest ($0.005800) prices traded during the selected period, helping assess volatility.
Why is New Kind of Network (NKN) moving today?
Price movements in New Kind of Network are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.005800) is above the previous close ($0.005600), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for New Kind of Network?
You can view real-time charts, price updates, and market data for New Kind of Network (NKN) directly on this page.
