Gate News reports that as of March 27, according to Gate Market data, NKN (NKN) is currently priced at $0.01559, up 118.83% in the past 24 hours. The highest price reached $0.02823, while the lowest dropped to $0.00651. The 24-hour trading volume is $1,872,800. The current market capitalization is approximately $12,449,800.
NKN (New Kind of Network) is an open, decentralized, community-driven network infrastructure and ecosystem powered by blockchain technology. NKN incentivizes internet users to share network connections and utilize unused bandwidth through an economic incentive mechanism. Its innovative features include dynamic routing, network relay proof, highly scalable consensus mechanisms, and resource sharing incentives.
The NKN token is the native token within the ecosystem economy, used to incentivize network resource sharing and effectively utilize excess bandwidth. NKN aims to address current issues in resource allocation, transmission efficiency, and value transfer in networks, becoming a blockchain infrastructure for network transmission resources, following the blockchain capabilities of Ethereum for computation and Filecoin/IPFS for storage.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH breaks below 2400 USDT
Gate News bot message, Gate market data shows that ETH has broken below 2400 USDT, with the current price at 2399.93 USDT.
CryptoRadar3h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews4h ago
The Strait of Hormuz is fully reopened, and Bitcoin surged to 78K. MicroStrategy (MSTR) jumped 12%.
Iran announces that the Strait of Hormuz is fully open; oil prices fall sharply as supply concerns ease, and U.S. stock indexes hit record highs. Bitcoin once surged to $78,333 and lifted MicroStrategy’s stock price by 12% in a big jump. Market-wide sentiment improves, and cryptocurrencies also show signs of capital inflows.
ChainNewsAbmedia7h ago
BTC fell below 77000 USDT
Gate News bot message, Gate quotes show that BTC fell below 77000 USDT, trading at 76961.6 USDT.
CryptoRadar8h ago
XRP Rallies to $1.48 Amid Iran Deal and Ripple Banking News
XRP price rose to $1.48 on April 17, up 4.51% over the last 24 hours, as stronger trading activity, easing geopolitical tension, and Ripple-related banking developments supported sentiment, according to market data. Daily trading volume increased 14.35% to $4.52 billion, while the token's market
CryptoFrontier11h ago
