Kin Achieves Market Cap of $56.74 Million (KIN)

Kin (KIN) traded 3.1% lower against the dollar during the 1 day period ending at 8:00 AM ET on February 11th. One Kin token can now be bought for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges. Kin has a market capitalization of $56.74 million and approximately $348,014.14 worth of Kin was traded on exchanges in the last day. During the last week, Kin has traded up 29% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded 3.7% lower against the dollar and now trades at $0.33 or 0.00000685 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 16.5% against the dollar and now trades at $0.0101 or 0.00000021 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.8% higher against the dollar and now trades at $0.0091 or 0.00000019 BTC.

Kin Profile

KIN uses the hashing algorithm. Its launch date was September 12th, 2017. Kin’s total supply is 2,935,737,051,545 tokens. Kin’s official message board is kin.org/news. The Reddit community for Kin is https://reddit.com/r/kin and the currency’s Github account can be viewed here. Kin’s official Twitter account is @kin_ecosystem and its Facebook page is accessible here. Kin’s official website is www.kin.org.

According to CryptoCompare, “Kin was established in 2017 and is supervised by the Kin Foundation, a Canadian nonprofit corporation established for the governance of the cryptocurrency Kin and is tasked with growing an open ecosystem of digital services.

The Kin blockchain is built to scale for mass usage and supports an Ecosystem-wide digital economy where app developers and mainstream consumers make millions of micro-transactions.

KIN is used to generate value through a shared, decentralized cryptocurrency in a digital ecosystem of apps and their users. App developers anywhere can seamlessly integrate the Kin SDK into their platform and become active partners in the Ecosystem’s growth. When developers join the Kin Ecosystem, they benefit from the Kin Rewards Engine (KRE), which incentivizes app developers to create engaging user experiences and pays them when users spend Kin within their apps.

The Stellar Consensus Protocol (SCP) was first described in a whitepaper by David Mazières in 2015. It is a “federated Byzantine agreement system” that allows decentralized, leaderless computing networks efficiently to reach a consensus outcome on some decision.”

Kin Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Kin directly using US dollars. Investors seeking to trade Kin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kin using one of the exchanges listed above.

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