What is NKN Crypto Coin Crypto Coin price prediction for 2023 Crypto:NKN

So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility. The New Kind of Network is a promising project with great potential to be a viable alternative to the current state of the Internet. Whatever the outcome, this project has been built with some of the best developers in the game, and there is plenty of room to grow an already impressive network of nodes. As of February 2023 NKN has a market cap of 0 and it is trading at around $.

Theoretically, the https://cryptonews.wiki/currency market should be highly efficient, with prices reflecting the accessible real-world information almost immediately. The crypto trading ecosystem has experienced unprecedented growth over the last few years and continues accelerating irrespective of its volatilities and bubbles. In general, NKN and other cryptocurrencies react quickly to the market and adjust based on demand and supply.

What is Nkn coin used for?

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 looks to be in the process of bottoming at the bottom of the structure. I lean towards a retest of the top of this structure to retest https://currency-trading.org/ before another move down. Entry at $.1871 and looking to exit on a test of the $.57 level+. NKN can be traded across 42 different markets and is most actively traded in Bitget. Based on our forecast, in short term Nkn is a good investment and in the long term Nkn is a good investment. When we think about a network infrastructure for a Decentralized system, NKN comes to mind as it works on a unique peer-to-peer networks-based technology in blockchain space.

It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. However, these figures were very short-lived, and the market went into a severe downward correction as NKN was dragged below the $0.30 line. In early November 2021, we once again saw an ascending pattern formation before the impactful market crash that we are currently experiencing. As the NKN network is decentralized, no centralized authority gains access to control the measures.

Convert Indian Rupee (INR) to NKN

The most successful smart contract networks, such as Ethereum and Cardano , are only as successful as the dApps they run. NKN is no different from the big names in crypto, and an ecosystem of dApps has flourished on the network. The NKN token is used to pay for transactions, governance, and rewards for the PoW miners who keep the network online are also paid in NKN. All the nodes on the network are connected and pass information between each other using end-to-end encryption, all without reliance on a central authority.

You need to take care of the stop lose as a analysis failure and the coin will go down deep if it is touch the mentioned number. In March 2020, NKN formed a partnership with China Mobile, the largest mobile carrier in the world, to work on projects ahead of the launch of 5G. Less than a month later, video-streaming platform iQiyi, which is owned by Chinese tech company Baidu, partnered with NKN to boost the platform’s speed and reduce its energy consumption.

New Kind of Network proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that NKN is a good choice of investment. Since it supports both TCP and UDP data transport, it is dependable and robust. By aggregating multiple concurrent pathways and achieving unprecedented levels of reliability, the net latency is reduced. NKN is the world’s largest blockchain network, with over 113k nodes worldwide. Furthermore, the platform’s native utility token, NKN, is used for various network-specific functions.

What is NKN’s price prediction today?

NKN has shown very strong potential lately and this could a be good opportunity to dig right in and invest. In contrast to messaging apps like WhatsApp, the platform is open source. This means that it is accessible to all, but it also employs a real private key to encrypt user data, which is kept private from the general public. By keeping it on the device, secure chat protects user privacy.

If you’re impressed by NKN’s outlook, you might want to include the crypto in your portfolio. You can buy NKN with the U.S. dollar through Coinbase and HitBTC. Alternatively, you convert Bitcoin into NKN on Binance or Huobi.


If you’re looking for NKN price predictions/forecast for 2023, 2024, 2025, 2030 and want to know where the prices of NKN will go in the future? We will analyze the past prices of NKN and will found out what experts are saying about its future price actions. Founded in 2013, Bitcoin Wisdom strives to provide informative and accurate bitcoin news, price predictions, investing guides and exchange reviews. Create your account below to receive exclusive access to a wide range of trading tools such as premium New Kind of Network price predictions, advanced NKN buy/sell signals and much more. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition.

WalletInvestor NKN Price Prediction for 2021, 2023, 2025

Currently, the RSI value is at 60.60, which indicates that the NKN market is in a neutral position. After verifying your information, you’ll get to see your coins in the assets section of CoinEx. To start trading, the first thing you need to do is to sign up on the official website of Gate.io.

NKN, which stands for “New Kind of Network,” started in 2018, and the network launched in 2019. NKN is a blockchain-based data relay network with more nodes than Bitcoin and Ethereum. The project seeks to make it easy for developers to build apps that enhance peer-to-peer connectivity. NKN is the native cryptocurrency of the NKN, an open-source, peer-to-peer network that enables internet users to share a network connection and capacity in exchange for prizes paid in NKN.


The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average . The table below shows all exchanges where you can buy NKN crypto, such asBinance, Upbit, BingX, etc. For some exchanges there is a depth percent that shows how much liquidity is available, live bids two percent up or down from the current price.

NKN tokens can be stored in the Trust wallet, NKN wallet, and Ledger wallets. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. Cellular Automata, A New Kind of Science, and the Ising Model build NKN’s consensus algorithm.

NKN Price History

At PricePrediction.Net we predict future NKN price predictions/NKN forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of NKN. We do our best to collect maximum historical data for the NKN coin which include multiple parameters like past price, NKN marketcap, NKN volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions. The following NKN price predictions employ technical analysis and predictive algorithms to forecast future short-term and long-term prices.

How big is Nkn?

The current CoinMarketCap ranking is #278, with a live market cap of $105,159,425 USD. It has a circulating supply of 754,831,362 NKN coins and a max. supply of 1,000,000,000 NKN coins.

The maximum price will be near $0.53, and the average price will be around $0.46 in the year 2024. NKN has great potential for a short-term period and may touch new heights if the current trend continues. The NKN price prediction suggests that the NKN value will reach a minimum price of $0.38 while simultaneously predicting a maximum price level of $0.47. As per our NKN forecast, the average price level for 2023 will be near $0.43. Compared to the current year value of NKN, its value in 2023 is expected to be doubled as per our forecast.

The recent winner was nRide, a fascinating dApp developed to become an open, free, and https://crypto-trading.info/ Uber-like ridesharing Service. The dApp will be fully powered by the NKN networks as an initiative to bring everyday internet use cases to the decentralized web. NKN provides the perfect buy opportunity at $0.5136 as it builds the foundation for a 50% breakout in 2022. The NKN price forecast for the rest of the year 2022 shows increased chances of a bullish continuation as critical resistance barriers are flipped for support.

NKN Protocol has new king of peer-to-peer network connectivity that empowered by novel public blockchain. At the end of this review, a clear picture will emerge as to what the future holds in terms of how high the prices will go.The future of NKN will also be revealed to you. It is a cryptocurrency that is poised to become a popular asset shortly. In terms of price, NKN has an outstanding potential to reach new heights. According to specific experts and business analysts, NKN can hit the highest price of $7.12 till 2030.

This is a classic pattern that shows up quite often at the bottom of a trend or before a reversal… When you look at this pattern on higher timeframes, it will show up as a fake breakdown, when prices move below support just to climb back up quickly. This is a bullish pattern and the high volume and high RSI supports… The NKN token is an ERC-20 utility token that serves as an incentive and payment system for services on the network. The token was released in an initial coin offering in April 2018, with an initial supply of 1 billion NKN. Thirty-five percent of NKN tokens were made available during the launch, with ICO participants able to purchase 4,150 NKN for 1 ETH.

By 2032, Digital Coin Price expects NKN to reach a maximum price of $2.09, with an average price of $2.06. Digital Coin Price also predicts that NKN will reach a maximum price of $0.80, with an average trading price of $0.79 by 2029. According to Digital Coin Price, NKN is expected to reach a maximum price of $0.24, with an average trading price of $0.22 by 2023.


No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. The 200-day SMA is calculated by taking NKN’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The most recent Death Cross in the Bitcoin market happened 406 days ago, on Jan 13, 2022.

Thus, the NKN protocol offers users the “new era of the internet,” i.e., the public internet network and more network resources. The founder of the NKN network is Bruce Li, who was the ex-Chief Operating Officer for the NKN project. The NKN network uses the Proof of Relay consensus algorithm or the POR mechanism. The benefit of this consensus is that it provides top-notch security and evades attacks projected on the network. Hence, data transmission can be authenticated, and the verification cannot be tampered with. Before moving further, let’s find out NKN’s current market details to clarify our NKN price prediction better.

How high can Nkn go?

DigitalCoinPrice NKN Price Prediction for 2022, 2025, 2030

According to their forecast, NKN (NKN) may reach a low of $0.13 by the end of 2023. In addition, it could reach a high of $0.15. The same platform forecasts that NKN (NKN) will surpass $0.18 – $0.19 by the end of 2025.

The Proof of Work mechanism achieves the tokenization of the NKN network’s connectivity and data transmission capacity. NKN can be used to developed decentralized application with higher performance and cost-effective servers. NKN looking to create alternative and better option for centralized server, where issues like downtime, higher cost, decentralization can be eliminated. Adopting NKN offer multiple benefit that include millions of node support, high aggregated throughput, zero server, unique & global ID, extra security & privacy and Low Latency.

On 13 March 2021, the NKN token attained a high of $0.17, and it continued to rise further. NKN enjoyed an unpredictable bull run in early April 2021 as the broader cryptocurrency market witnessed a boom that pushed several cryptocurrencies to their all-time highs. Being triggered by NKN’s listing on Coinbase, the token made an all-time high of $1.48 on 9 April 2021.