KIN Crypto
| KIN Crypto | USD 0.000012 0.000001 7.69% |
Performance0 of 100
| Risk Of DevaluationLess than 11
|
KIN is trading at 1.2E-5 as of the 28th of November 2024, a 7.69% down since the beginning of the trading day. KIN has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Cryptocurrency ratings for KIN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
KIN is peer-to-peer digital currency powered by the Blockchain technology. More on KIN
Moving against KIN Crypto Coin
KIN is a digital token from a market place for peer-to-peer digital cash-like asset called Cryptocurrency. KIN has been active in the last 3 months, and it is now trading with a bearish sentiment. Cryptocurrencies such as KIN are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as KIN are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
KIN Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. KIN's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding KIN or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
KIN is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 3 exchanges in multiple currencies. 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. | |
| Other Smart Contract Address | View |
| Industry | Professional, Scientific and Technical Activities |
| FINMA | Utility |
| FCA | Utility |
| Access | Permissionless |
| Collateralized Asset | No |
| Symbol | KIN |
| Rating | D- |
| Technology Adoption Rating | D- |
| Name | KIN |
| Proof Type | SCP |
| Sponsored | false |
| Built On | SOL |
| Asset Whitepaper Url | View |
| Is Trading | true |
| Asset Launch Date | 2017-05-25 |
| Full Name | Kin (KIN) |
| Asset Website Url | https://kin.org/ |
| Asset Token Status | Finished |
| Platform Type | token |
| Coin Name | Kin |
| Total Coins Mined | 2.94 Trillion |
| Smart Contract Address | View |
KIN (KIN) is traded on CRYPTO Exchanges. KIN is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under 'Nano-Cap' category with a current market capitalization of 3.2 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate KIN's market, we take the total number of its shares issued and multiply it by KIN's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
KIN's Exchanges and Markets
HitBTC Kraken CoinExKIN Risk Profiles
| Mean Deviation | 4.54 | |||
| Standard Deviation | 6.46 | |||
| Variance | 41.71 | |||
| Risk Adjusted Performance | (0.02) |
KIN Technical Analysis
When it comes to investing in cryptocurrency, such as KIN, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of KIN, which is currently traded at 1.2E-5, shows everything you need to know about KIN market value. You don't have to consider the fundamental factors that affect a crypto asset, such as KIN, to determine its price movements. However, the KIN's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so KIN's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project KIN's future price trendTransformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. KIN Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe KIN price patterns.
KIN Against Markets
Be your own crypto manager
Our tools can tell you how much better you can do entering a position in KIN without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
How to invest in KIN
You need to understand the risk of getting into digital currencies such as KIN before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in KIN in four ways:Buy KIN through an exchange
Get yourself a crypto wallet before embarking on your KIN journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase KIN. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.Purchase fractions of KIN through an exchange
You don't have to buy a full token when starting out since KIN is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.Trade KIN through a broker
If you don't want to store your KIN Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.Invest in KIN through an exchange-traded fund (ETF)
You can also invest in KIN through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.Investing Ideas
In addition to having KIN in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KIN. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.