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NKN / TetherUS

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NKNUSDT trade ideas

The New Kind of Network vs TetherUS (Bullish vs Bearish)NKN Overview About NKN NKN bills itself as a 'new kind of P2P network connectivity protocol' that is powered by a public blockchain. NKN is used to incentivize Internet users to share their network connection and unused bandwidth. NKN's describes its networking infrastructure as 'open, efficient, and robust', thereby enabling application developers to build the decentralized Internet. Whitfield Diffie, inventor of public key cryptography (Diffie-Hellman) and 2015 Turing Award winner, and Stephen Wolfram, Founder and CEO of Wolfram Research, are listed on their publications as advisors for the project. The New Kind of Network (NKNUSDT) is starting to look good with prices now moving above EMA10. We have a volume breakout and bullish indicators (MACD and RSI). When we look at the shorter-timeframe, 4H, we can notice prices moving above resistance: If the purple trendline can be conquered, we will see prices jump next. Thanks a lot for reading. Namaste.
by AlanSantana
1
NKN is a Small Cap with Huge Long PotentialRecently listed on Binance, this $13M marketcap token deserves some further DD (have a look to their website, white paper, and team members, so far I'm impressed). This is not by any means a technical play (despite some ridiculous volume since the Binance listing), but instead a potential long term big mover, if their plans come to a fraction of what's purposed (adoption wise), this could potentially grow by a factor of 15 to 50X from here. I'm buying a small position now and wait for further developments.
Long
by CoinsOnFire