Pinakion
Market Open
14 Jun, 21:47
$
0. 008460
+0.000021
+0.2453%
$
1.19M Volume
$ 0.008439
Previous Close Want to track PNKUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
PNKUSD Overview
PNKUSD represents the price of Pinakion (PNK) quoted in US dollars. It reflects the market value required to buy or sell one unit of PNK in USD and serves as the primary fiat-denominated reference for the token’s valuation.
Pinakion (PNK) is an ERC-20 token issued by Kleros, a decentralized dispute resolution protocol. Introduced in 2019, PNK is blockchain‑based and designed to be used for staking and governance within the Kleros ecosystem. Token holders stake PNK to serve as jurors in dispute arbitration and participate in protocol decisions, aligning economic incentives with the network’s dispute-resolution mechanisms.
The PNKUSD rate is formed by supply and demand across centralized and decentralized exchanges, order-book dynamics, and liquidity depth. Market sentiment, on‑chain activity (such as staking and token flows), protocol announcements, broader cryptocurrency market trends, and macroeconomic or regulatory developments all influence price movements and volatility.
PNKUSD is important as a benchmark for traders and investors assessing the economic value of Kleros participation, for hedging and speculative strategies, and for valuing on‑chain positions. It also facilitates price discovery for token sales, treasury management, and secondary-market trading.
PNK can exhibit significant volatility and liquidity varies by venue; market participants should consider slippage, order-book depth, and event-driven risk when trading PNKUSD.
Pinakion (PNK) is an ERC-20 token issued by Kleros, a decentralized dispute resolution protocol. Introduced in 2019, PNK is blockchain‑based and designed to be used for staking and governance within the Kleros ecosystem. Token holders stake PNK to serve as jurors in dispute arbitration and participate in protocol decisions, aligning economic incentives with the network’s dispute-resolution mechanisms.
The PNKUSD rate is formed by supply and demand across centralized and decentralized exchanges, order-book dynamics, and liquidity depth. Market sentiment, on‑chain activity (such as staking and token flows), protocol announcements, broader cryptocurrency market trends, and macroeconomic or regulatory developments all influence price movements and volatility.
PNKUSD is important as a benchmark for traders and investors assessing the economic value of Kleros participation, for hedging and speculative strategies, and for valuing on‑chain positions. It also facilitates price discovery for token sales, treasury management, and secondary-market trading.
PNK can exhibit significant volatility and liquidity varies by venue; market participants should consider slippage, order-book depth, and event-driven risk when trading PNKUSD.
PNKUSD Chart
PNKUSD FAQ
What is the current Pinakion price?
The current price is $0.008460, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.000021 (+0.2453%), showing how much the asset has moved compared to the previous close.
What is the previous close for Pinakion?
The previous close was $0.008439, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.2453%) 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 ($0.008439) and highest ($0.008460) prices traded during the selected period, helping assess volatility.
Why is Pinakion (PNK) moving today?
Price movements in Pinakion 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 ($0.008460) is above the previous close ($0.008439), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Pinakion?
You can view real-time charts, price updates, and market data for Pinakion (PNK) directly on this page.
