Kin Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Kin is a relatively large cryptocurrency. On 1 October 2020, it had a market capitalization of nearly US$ 9.1 million, meaning it had captured less than 0.01 percent of the market for crypto assets.¹^|2 It also has the ticker symbol KIN, so the same but in capital letters.

In October 2017, the tracking of real-time trading data for Kin started on coinmarketcap.com.

kin.kik.com

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Kin had an average trading volume of over US$ 494 k per day for the first trimester of 2019. This figure came to over US$ 1.2 m during the same time frame in the previous year. The corresponding downward retracement of trading volume was 60.1 percent.

The average market capitalization during the first trimester of 2019 was over US$ 23.7 m. This figure came to over US$ 274 m during the same period in 2018. The corresponding drop down in market capitalization equated to 91.3 percent.

Trading Price

The all-time high of Kin in 2018

Kin Price analysis generated by coindashboards.com — Price analysis for the most important moments in Kin’s trading history (KIN)

The Kin currency climbed to a peak in January 2018 at US$ 0.001493. The equivalent market capitalization of the coin reached nearly US$ 930 million. This put Kin in the ballpark of certain other digital currencies, such as HyperCash, Dragonchain, Komodo, Electroneum and Golem, among others.

Kins all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 294 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 890 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.

Kin (KIN): 0.93 bn US dollars
Bitcoin (BTC): 294 bn US dollars
Apple (AAPL): 890 bn US dollars
VW (VWAGY): 108 bn US dollars
Date: 6 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Kin stood at US$ 0.000026 with a market capitalization of nearly US$ 19.4 million. This is a drop down to approximately 1.7 percent compared with the peak trading price described above.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The Kin-Coin is not generated via mining. It has an upper limit of exactly 10,000 billion coins.

Kin transactions currently in progress can be tracked using this block explorer, which also shows block height and other recent metrics.

To find out more about Kin, download the white paper or find more links to community forums, source code and social media channels, visit kin.kik.com.

Markets

Kin Market analysis generated by coindashboards.com — Markets on which Kin (KIN) can be traded

USD

The trading platforms for buying or selling Kin in USD are Gate.io, Bithumb Global and Fatbtc, among others.

BTC

There are a number of platforms where you can buy or sell Kin, including HitBTC, BitZ and Lykke Exchange, among others.

Social Links

You can contact the Kin team directly by visiting the following social media channels:

^{1. This figure changes to 0.0061 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}