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NKN breaks out of a tight trading range on big volume

Long
NKN is a pier to pier software overlay network, built on top of the internet to share unused bandwidth and host d-apps to create a faster, safer, more reliable, and easily accessible internet user experience with blockchain technology.

NKN token is earned by crypto miners, providing P2P networking services and hosting Web 3.0 decentralized applications, including content delivery acceleration, secure messaging, and d-app hosting. Users pay for content delivery, game streaming, and other services.

NKN was listed on Coinbase exchange on April 9 at $1.39, quickly declined to about $0.60, and stabilized at around $0.65. A breakout from that range today, up 13% with large volume makes this token worth taking a look at for trend and momentum traders.

NKN trades on Binance, Bittrex, Coinbase, Hitbtc, and Huobi exchanges.

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