NKN Price Prediction: Will NKN Go to Zero?

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What Is the NKN Price Prediction Today

AT A GLANCE

  • In 2024, NKN price is expected to reach $0.254, according to some experts
  • 2025 promises to be turbulent, with prices ranging from $0.0718 to $0.279, with WalletInvestor predicting a breakthrough leading to a price rise to $0.279
  • By 2030, NKN price can hit $0.254

NKN Fundamental Analysis

Project name
NKN
Stock Symbol
NKN
Current Price
0.132
Current Supply
770417813.034681
Launch Date
2021
Official Website

The New Kind of Network (NKN) is a decentralized open-source blockchain platform that aims to solve a series of limitations of the peer-to-peer networks that have been arising over the years. Centralization, barriers to access with authorization processes, scalability constraints, and financial motivations are all existing problems that limit the possibilities of next-generation blockchain systems. Together with the present inefficiencies of the Internet, NKN was created to provide a new type of unrestricted Internet network that can be globally accessible. Just like Bitcoin does not depend on banks or institutions to validate financial transactions, NKN wants to allow the global transfer of data without relying on big telecommunication monopolies. The development team mentions several problems that can be solved through the network – namely, inefficient use of bandwidth, rampant censorship by governments, and invasion of user privacy. NKN uses its own consensus mechanism called "Proof of Relay" (PoR). PoR encourages participants to contribute to the blockchain network by sharing their connectivity and bandwidth in exchange for rewards. Mining is essentially achieved by contributing to the data transfer layer. Participants receive rewards by providing more network resources than they consume. The NKN cryptocurrency represents the future of cryptocurrencies, due to its security, connection speed, and the great wonders of fast connectivity that it has on its website, with improvements, practically daily. Unlike other projects that use buzzwords like “innovation” to promote their projects, NKN is truly doing something remarkable in its field. It slowly but surely climbs up the ladder.

The project was launched in January 2018, soon after the removal of Net Neutrality had been approved by the Federal Communications Commission. With enough obstacles in the state of the Internet at the time, NKN came up with the idea to provide a worldwide network of nodes that could be connected to from everywhere, at any given time. At the time of writing, NKN is already the biggest blockchain network in the world with over 101,000 nodes, with Bitcoin and Ethereum having roughly 10,000 nodes each. 

NKN Live Price Chart

For almost 3 years, NKN coin had been traded at a rather stable price of about $0.01–0.05, but April 2021's surge raised it up to $1.22 at the moment (more than 500% in 24 hours period). Despite later it went down to $0.6–0.7, it's considered as a bull race and is expected for future growth.

Despite the fact that 100% accurate technical analysis for NKN cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated NKN buy-and-sell rating for a selected timeframe. The summary for NKN/USD is based on the most popular technical indicators — Moving Averages, Oscillators, and Pivots.

NKN Technical Analysis

Despite the fact that 100% accurate technical analysis for NKN cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated NKN buy-and-sell rating for selected timeframe. The summary for NKN/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

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NKN Price Prediction

Below we have collected the most reliable price projections for NKN (NKN) from popular forecast platforms.

NKN Price Predictions Summary

Year
Average Price
Avg. Price / Pot. ROI
Potential ROI
2024
$0.17670587
27%
27%
2025
$0.22480200
60%
60%
2026
$0.28341880
94%
94%
2027
$0.10899806
-28%
-28%
2030
$0.15314600
-7%
-7%

NKN Price Prediction for 2024

As for NKN price predictions for 2024, there are divergent opinions. TradingBeast expects an upturn towards $0.1571, and WalletInvestor echoes with ~$0.254 by the year’s end. Other experts, for example, from PricePrediction.net, are more pessimistic about NKN’s future price, citing numbers downwards of $0.09108 in December.
Potential ROI: 27% Buy

NKN Price Prediction for 2025

In their NKN price predictions for 2025, TradingBeast’s forecasts the coin’s price to go above $0.2257 by December. Forecasting NKN's future, WalletInvestor expects further growth, too, saying the NKN price will reach ~$0.279 by that time. On the contrary, PricePrediction.net keeps predicting NKN price decline, quoting prices around ~$0.1294 in 2025.
Potential ROI: 60% Buy

NKN Price Prediction for 2026

The experts are unanimous in their NKN price forecasts for 2026 — everybody expects NKN’s price to grow by the end of that year. PricePrediction.net predicts the price growth reaching $0.1597. According to WalletInvestor’s research, NKN’s price can go up to $0.378. TradingBeast’s forecast is also positive: its analysts hold the view that by 2024 NKN’s price will be about $0.231.
Potential ROI: 94% Buy

NKN Price Prediction for 2027

TradingBeast has only pessimism in store for the 2027 NKN price prediction, valuing NKN at $0.1109 by the end of 2027. WalletInvestor agrees with a negative forecast and predicts, in turn, $0.009001 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their NKN price prediction for December of this year is just $0.165.
Potential ROI: -28% Sell

NKN Price Prediction for 2030

Speaking of long-term NKN price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that NKN price will grow further and eventually reach $0.1782 by the end of the decade. TradingBeast’s price prediction for NKN echoes with the projection of an uptrend to $0.1782. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $0.01017.
Potential ROI: -7% Sell

Author

June Katz
June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

The New Kind of Network (NKN) is a promising project that has great potential to become a real alternative to the current state of the Internet. Decentralization makes all the sense in the world in the crypto space. Therefore, being able to offer the network upon which all the other blockchains and platforms are developed, and where basically all the imaginable data is transferred from one place to another, seems to be very in line with what the whole crypto industry is trying to bring to the world. It certainly poses a challenge to directly compete with the telecom giants that have monopolies in the majority of markets, but it is not so much different than what Bitcoin has been doing with the entire financial system, which is admittedly a bigger opponent to defeat. Whatever the outcome might be, this is a project built with some of the best developers in the game that has plenty of room to grow their already impressive network of nodes.

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Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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