$0.00001037
4.13%
$0.00000907
24h Range
$0.00001049
Market Cap
$28,610,301.2
Fully Diluted Valuation
$28,610,301.2
24 Hour Trading Vol
$437,951.6
Circulating Supply
2,757,861,681,637.2
Total Supply
2,757,861,681,637.2
Max Supply
2,757,861,681,637.2
Kin Price
$0.00001037
24h Range
$0.00000907 - $0.00001049
Percent Change 1h
0.89%
Percent Change 24h
4.13%
Percent Change 7d
-5.22%
All-time high
$0.001226
All-time low
$0.00000239
1D
7D
1M
1Y
All
Kin (KIN) is a cryptocurrency designed to enhance digital interactions and transactions within social platforms and applications. Originally created by the messaging app Kik, Kin aims to facilitate a decentralized ecosystem where users can earn, spend, and exchange value seamlessly. The Kin platform leverages blockchain technology to enable users to engage in microtransactions, rewarding them for their contributions and participation in the ecosystem. As of 2024, Kin operates on the Stellar blockchain, which allows for faster and more cost-effective transactions compared to its initial Ethereum-based architecture.
Kin was developed by Kik Interactive, founded by Ted Livingston in 2009. Ted Livingston, the CEO of Kik, played a significant role in the creation of Kin as a way to foster user engagement and provide a digital currency that aligns with the social media landscape. Kik was initially launched as a messaging app, and the Kin project was introduced in 2017 to explore the potential of cryptocurrency within social apps. The Kin Foundation, established alongside the cryptocurrency, aims to promote the growth and adoption of Kin across various platforms.
Kin operates on a decentralized blockchain infrastructure, allowing users to transact with one another without the need for intermediaries. The currency is designed to be integrated into various applications, enabling developers to incorporate Kin for in-app purchases, rewards, and user engagement strategies. Kin transactions are recorded on the blockchain, ensuring transparency and security. Users can earn Kin by participating in activities such as creating content, engaging with other users, and completing tasks within the applications. The ecosystem is driven by a balance between supply and demand, as the value of Kin is influenced by user adoption and transaction volume.
When users transact with Kin, the process is completed in a matter of seconds due to the efficiency of the Stellar blockchain. Users can send and receive Kin with minimal transaction fees, making it suitable for microtransactions. The currency can be stored in digital wallets that support Kin, and users can easily convert Kin to other cryptocurrencies or fiat currencies on supported exchanges.
Kin has several compelling use cases, particularly within social media and gaming environments:
To ensure the security of your Kin holdings, consider the following best practices:
Investing in Kin (KIN) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Kin: Once your account is funded, you can purchase Kin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Kin using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Kin (KIN) is currently trading at $0.00001037 and exhibits good potential for future growth. Check the latest Kin (KIN) price prediction.
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