NKN’s price jumped +90% in a sudden move yesterday. Since then, it has been down 44%, a strong correction. But what is NKN crypto, and what caused this pump?

New Kind of Network, is a crypto project building a decentralized internet by sharing bandwidth. Unlike traditional providers, NKN lets users connect peer-to-peer and earn tokens to share unused internet. Its blockchain-powered protocol aims for a faster, more open internet.

-
Price
Market Cap
-
-
-

NKN runs on over 113,000 nodes worldwide, outpacing Bitcoin and Ethereum in scale. These nodes relay data, like messages and files, using “Proof of Relay,” rewarding useful activity instead of energy-heavy mining like Bitcoin. Its “Major Vote Cellular Automata” (MOCA) consensus ensures efficient, decentralized data flow. NKN also explores cutting-edge uses, like secure data relay for decentralized AI inference, aligning with 2025’s AI-blockchain trend.

DISCOVER: Best Meme Coin ICOs to Invest in April 2025

Apps like nMobile and nConnect highlight NKN’s utility. nMobile offers encrypted, anonymous messaging and doubles as a crypto wallet, while nConnect provides VPN-like remote access. These tools appeal to privacy-conscious users and show NKN’s focus on secure communication, not just payments or storage.

NKN Crypto Touches New ATL – Could New Partnerships And Buybacks Reverse This Trend?

Nkn crypto sudden surge

(NKNUSDT)

NKN’s peak was in early 2022, when it touched an ATH of $245 million. Since then, the price has kept plummeting with random spikes. On April 16, NKN touched an ATL of $12 million.

Yet, yesterday, finally the sell pressure weakened enough for traders to scoop the bottom. NKN crypto surged nearly 90%, driven by exchange partnerships, trading competitions, and a buy-back plan for its 1 billion token supply (650 million circulating). A 1 million token giveaway via nMobile boosted buying.

Still, NKN’s dip below key averages in 2024 reminds investors of crypto’s volatility.

While NKN’s open network drives innovation, a 2023 malware, NKAbuse, exploited its protocol, highlighting security challenges. The team continues to strengthen safeguards. With strong community support, once boasting 67,000 active nodes, and growing interest in its AI and privacy tools, NKN could reignit the hype. Its recent pump shows how utility, rewards, and market buzz can align, but volatility remains a risk.

DISCOVER: Top 20 Crypto to Buy in April 2025

From NKN’s Volatility to Smarter Trading: How MIND of Pepe Helps Investors Spot the Next Big Crypto

NKN recently caught traders’ attention with a sudden 90% price surge, only to drop 44% shortly after. This pattern reflects a common challenge in crypto: identifying genuine opportunities amid market hype. While NKN’s decentralized network and AI integrations are promising, its price has struggled since early 2022, highlighting the difficulty of timing investments in a rapidly evolving market.

In the dynamic world of crypto, staying ahead requires more than just following trends: it demands tools to anticipate them. MIND of Pepe ($MIND) offers such a solution. This AI-powered trading assistant continuously scans social media, on-chain data, and market sentiment to identify potential breakout tokens before they gain mainstream attention, like the recent NKN breakout.

MIND Offers AI-Powered Tools To Enhance Your Trading Experience

What sets MIND of Pepe apart is its proactive approach. If the AI detects a promising trend, it can autonomously launch new tokens, providing $MIND holders with early access. This feature transforms passive observation into active participation, giving investors a unique edge in the market.

MIND of Pepe is powered by a cutting-edge Retrieval-Augmented Generation (RAG) system and live market data. The AI isn’t just reactive. It understands the market as it moves. Its large language model persona has been trained on a targeted dataset of 60,000 tweets from top AI agents and 3,000 real crypto insights, giving it a deep grasp of how traders think, speak, and act.

The result? A sharper, more intelligent assistant that delivers real-time analysis with context-aware insights. It provides alerts, trends, and even meme generation—blending culture with utility.

The $MIND token is currently available at $0.0037265 during its presale, with over $8 million already raised. Investors can purchase tokens through the MIND of Pepe website using wallets like Best Wallet. Post-launch, $MIND will be listed on both centralized and decentralized exchanges, expanding its accessibility.

MIND of Pepe equips investors with the insights and tools needed to identify and act on emerging opportunities in a market where timing is crucial. Combining AI-driven analysis with proactive engagement offers a forward-thinking approach to crypto investing.

Visit MIND Here

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now

Key Takeaways

  • Volatile Price Action: NKN surged +90% recently before correcting 44%, showing both potential and volatility in short-term trading.
  • Strong Tech Foundation: It runs over 113,000 nodes—more than Bitcoin or Ethereum—using “Proof of Relay” and MOCA consensus for data transmission.
  • Real-World Utility: Apps like nMobile and nConnect highlight NKN’s focus on privacy, messaging, and decentralized internet infrastructure.
  • AI-Driven Insights: MIND of Pepe uses a context-aware AI trained on crypto data to help investors identify breakout tokens early.

 

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Fatima
Fatima
Crypto Journalist

Fatima is a rising crypto journalist with a sharp eye for hidden gems and technical analysis. When she's not charting the next big breakout or diving into onchain data, a firm believer that alpha is where you least expect it,... Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!
Back to top