NKN Price Prediction 2023-2032 NKN Price Prediction 2023 – up to $0.19 NKN Price Prediction 2026 – up to $0.65 NKN Price Prediction 2029 – up to $2.00 NKN Price Prediction 2032 – up to $6.48 NKN – an acronym for New Kind of Network – can be com...
NKN Price Prediction 2023-2032
- NKN Price Prediction 2023 – up to $0.19
- NKN Price Prediction 2026 – up to $0.65
- NKN Price Prediction 2029 – up to $2.00
- NKN Price Prediction 2032 – up to $6.48
NKN – an acronym for New Kind of Network – can be compared to Substratum and Ontology, two projects that are building a decentralized internet solution. But a better perspective would be a triumvirate where NKN provides decentralized networking, Ethereum takes care of the decentralized computing, and Filecoin/IPFS does the hosting via decentralized storage. What can you hope to gain from this NKN price prediction?
If you’re interested, please read the report FYI,
If you are aware that one of the first applications built on NKN is a Smart home IoT, a Proof-of-Concept for what the team calls the “Airbnb of the Future,” a decentralized sharing economy, you’ll be interested to get into position for the next bull run. Money is still out there and prices are driven by the community.
The NKN hype started two years ago when an impressed observer exclaimed:
This project has the highest potential to achieve mass adoption out of all the competitors in this space!Ikenna Odinaka
At the time of writing, NKN is already the most extensive blockchain network globally, with over 101,000 nodes, with Bitcoin and Ethereum having roughly 10,000 nodes each. We’re getting ahead of this puzzle, so let’s start from the beginning.
Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (that’s right, millions love us!) — what are you waiting for?
How much is NKN worth?
Today’s NKN price is $0.123609 with a 24-hour trading volume of $5,208,550 USD. NKN is down 4.14% in the last 24 hours. The current CoinMarketCap ranking is #300, with a live market cap of $93,303,793. It has a circulating supply of 754,831,362 NKN coins and a max. supply of 1,000,000,000 NKN coins.
Also Read:
- DeSo is Elon Musk and Jack Dorsey’s Answer for Decentralized Social Blockchain
- The Decentralized Social Blockchain Is Set to Push Its Tech Breakthrough Hypersync: A Fast and Scalable way to reach 1 billion users
- DePay brings their Web3 P2P payment gateway to eligible Shopify merchants
What is NKN?
Network Infrastructure for a Decentralized Internet, known as NKN, is the working of unique peer-to-peer networks based on blockchain technology. The NKN Ecosystem is powered by a novel public blockchain that uses monetary incentives to push Internet users for network connection sharing. This way, they will be able to utilize the bandwidth that is still unused and available to them.
Thus, NKN offers the “new Internet,” i.e., the public internet network and more network resources. This project was launched in the year 2018. The founder of the NKN network is Bruce Li, who was also the ex-Chief Operating Officer for the cryptocurrency project. The founder stated that the network operates from offices based in Beijing and another in Silicon Valley in an interview.
Using the NKN blockchain, you can share your Internet connection with different users from across the Internet in a P2P manner.
The NKN network uses Proof of Relay‘s consensus mechanism or the POR consensus. The benefit of this consensus is that it is highly secure and evades attacks directed to the network. Hence, data transmission can be verified, and the verification cannot be tampered with.
Currently, there are more than 25K nodes to validate financial transactions and all the imaginable data on the NKN blockchain. This makes NKN an already impressive network, wherein the participants receive rewards.
Therefore, when it comes to the NKN price predictions, it is essential to learn about the use cases of the NKN token.
NKN Overview
| Coin | Symbol | Price | Marketcap | Change | Last 24h | Supply | Volume (24h) |
|---|---|---|---|---|---|---|---|
NKN NKN | NKN | $ 0.123610 | $ 80.38 M | 3.85% | 650.00 M | $ 4.95 M |
NKN Projects
Cellular Automata, A New Kind of Science, and the Ising Model build NKN’s consensus algorithm. A simple local majority rule can allow nodes to reach an agreement in a small number of iterations.
The NKN network has several Chinese collaborations under it as it forms the next-generation blockchain systems. These include:
- D-chat: This is a private and decentralized network-based chat system that offers end-to-end encryption based on the NKN network. It is entirely free for integration with the Chrome browser and provides offline messaging. More than 10k nodes are operating and even allow the users to upload audio, video, or pictures.
- Nutshell: It is similar to SSH in many aspects. It executes shell commands from users who are authenticated by the NKN network. After that, the network sends back results through the NKN-client and monitors for incoming requests from the NKN-multiclient-js application.
- Edge computing: The NKN entered into a partnership with China Mobile.
- Content Delivery System: NKN scored another partnership with iQIYI. This is one of the biggest and most-used platforms for video streaming in China, with many users. The NKN network can handle the entire financial system of a firm.
NKN Price History
NKN prices fell sharply after April after reaching the year high at $0.32. NKN has been highly volatile and traded sideways in the last month. According to coinmarketcap, NKN registered its all-time high at $1.48 on 9 April 2021.
NKN New Developments
The NKN network recently integrated Open AI’s ChatGPT 4 into nMobile secure private chat. Users can download the app from Android and iOS stores and add ChatGPT using the QR code.
The NKN network also announced that it released a new mainnent v2.2.0, which adds a few major features, including client authorization, client message cache, transaction pool sync, etc. The network also added performance optimization, bug fixes, and security patches to the new mainnet.
NKN Technical Analysis
NKN is above its 50-day and 100-day Moving Averages. However, the coin showed signs of a bullish trend last week. In the last 24 hours, NKN declined by 2.24%, and the current sentiment is bearish, while the coin’s Fear&Greed index shows 69 (Greed).
NKN is currently trading above the 200-day simple moving average (SMA). The 200-day SMA has been signaling BUY for the last 20 days since Mar 28, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 62.49, which indicates that the NKN market is in a neutral position.
NKN Price Prediction by Cryptopolitan
| Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $0.17 | $0.18 | $0.19 |
| 2024 | $0.25 | $0.26 | $0.30 |
| 2025 | $0.37 | $0.38 | $0.44 |
| 2026 | $0.55 | $0.56 | $0.65 |
| 2027 | $0.79 | $0.81 | $0.94 |
| 2028 | $1.15 | $1.18 | $1.37 |
| 2029 | $1.72 | $1.77 | $2.00 |
| 2030 | $2.52 | $2.59 | $3.02 |
| 2031 | $3.71 | $3.84 | $4.35 |
| 2032 | 5.82 | $5.48 | $6.48 |
NKN Price Prediction 2023
According to our NKN price prediction for 2023, the NKN coin is expected to have a maximum price of $0.19. The minimum price is $0.17, and the average trading price of the coin is predicted to be $0.18.
NKN Price Prediction 2024
Our NKN price prediction for 2024 is a maximum price of $0.30. The minimum price of NKN is predicted to be $0.25, and an average price of $0.26.
NKN Price Prediction 2025
Our NKN price prediction for 2025 is a maximum price of $0.44. The coin’s lowest price is expected to be $0.37, and the average trading price of the coin is $0.38.
NKN Price Prediction 2026
Our NKN price prediction for 2026 is a maximum of $0.65. The minimum price the coin will have by the end of 2026 will be $0.55, while its average trading price is expected to be $0.56.
NKN Price Prediction 2027
Our NKN token price prediction for 2027 is a maximum price of $0.94 with a minimum price of $0.79. We also expect the coin’s average trading price to be $0.81.
NKN Price Prediction 2028
Our NKN coin price prediction for 2028 is a maximum price of $1.37. The minimum price of the coin by 2028 is expected to be $1.15; the average trading price of the coin is forecasted to be $1.18.
NKN Price Prediction 2029
Our NKN price prediction for 2029 is a maximum price of $2.00 with an average trading price of $1.77. The coin is expected to have the lowest price at $1.72.
NKN Price Prediction 2030
Our NKN cryptocurrency prediction for 2030 is a maximum price of $3.02; the coin’s lowest price is $2.52. The average trading price of the coin is expected to be $2.59.
NKN Price Prediction 2031
Our NKN price prediction for 2031 is a maximum trading price of $4.35, with an average trading price of $3.84. The minimum price of the coin is expected to be $3.71.
NKN Price Prediction 2032
According to our NKN price prediction for 2032, the maximum price of the coin is expected to be $6.48. The average trading price of the coin is expected to be $5.48, with a minimum price of $5.32.
NKN Price Prediction by Wallet Investor
According to Wallet Investor, NKN is a bad long-term investment. Their predictions show NKN will be worth $0.0198 in one year. In five years, they expect the coin to devalue by 97.683%.
NKN Price Prediction by Cryptopredictions.com
According to Cryptopredictions.com, NKN is expected to have a maximum price of $0.2118, with a minimum price of $0.1008 by 2023. The average price of the coin by then is expected to be $0.1440.
By 2024, NKN is expected to reach a maximum price of $0.2175, with a minimum price of $0.1479. The average trading price of the coin is expected to be $0.1740. By 2026, the maximum price of NKN is expected to be $0.2775, with an average trading price of $0.2219
Furthermore, Cryptopredictions.com predicts that the maximum price of NKN is expected to be $0.2689, with an average trading price of $0.2151 by 2027. The coin’s lowest price by that is expected to be $0.1829.
NKN Price Prediction by Digital Coin Price
According to Digital Coin Price, NKN is expected to reach a maximum price of $0.27, with an average trading price of $0.11 by 2023.
By 2026, the NKN coin is expected to reach a maximum price of $0.56, with an average forecast price of $0.53. The coin’s lowest price by that is expected to be $0.47.
Furthermore, Digital Coin Price also predicts that NKN will reach a maximum price of $0.92, with an average trading price of $0.91 by 2029. The coin’s lowest price by that is expected to be $0.83.
By 2032, Digital Coin Price expects NKN to reach a maximum price of $2.39, with an average price of $2.36. The coin’s lowest price by that time is expected to be $2.31.
NKN Price Prediction by Coincodex
According to Coincodex, NKN is predicted to reach $2.15 in one year. Based on Coincodex tech sector growth prediction, the estimated NKN price would be between $ 0.2986 and $0.2888, meaning the price of NKN might reduce slightly by 2026.
NKN Price Prediction by Industry Experts
Altcoin Radar YouTube channel’s update on NKN gave a long-term prediction on the price of NKN. The presenter suggested that NKN may reach $5.50 in the long term. He also advised that NKN is a good investment for the future. Here is his complete analysis of NKN crypto.
NKN will prove to be a profitable investment as mass adoption of web3 occurs.
Conclusion
Based on our NKN price forecast, it is expected that NKN will increase in the future. NKN’s quality fundamentals, including its services and massive community, will help spur the coin’s growth in the future. If NKN can bring on new developments to excite investors, we may see a better performance of the token in the next few months.