
Kin price (KIN)
January 1, 1970 at 00:00 (UTC+0)
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Today's KIN price
The 24-hour trading volume is $74.82K. The latest KIN price is $0.00000165, based on the most up-to-date USD market data. Kin is +0% in the last 24 hours with a circulating supply of 2.76T.
KIN price history (USD)
Period | Price change | % change |
---|---|---|
1D | 0 | 0.00% |
7D | 0.0000005 | +43.48% |
1M | 0.00000011 | +7.14% |
3M | -0.00000047 | -22.17% |
What is Kin?
Kin (KIN) stands out as a cryptocurrency designed for seamless global transactions, eliminating the need for intermediaries. Launched in 2017 by Kik Inc., Kin initially operated on the Ethereum blockchain before migrating to Solana in 2020. This move to Solana enhanced Kin's scalability, allowing for near-instant transactions with minimal fees, while maintaining a 0% net carbon impact, aligning with sustainable practices. The Kin ecosystem thrives on decentralization, with no central authority overseeing its development. Instead, a global community of stakeholders drives its growth, ensuring that the currency remains noninflationary with a fully distributed supply. This decentralized nature fosters an environment where users are encouraged to adopt Kin for payments, with initiatives like airdrops further promoting its use. Kin's utility extends across various platforms, including websites, apps, and games, where it functions as a medium for micropayments. Code Inc.'s global payments platform exemplifies this by enabling content creators to monetize their work with transactions as low as $0.05, bypassing traditional payment model constraints. In 2024, Code Inc. secured seed funding from prominent venture capital firms and blockchain leaders, underscoring the potential of Kin's ecosystem. Regulatory clarity is another hallmark of Kin, as demonstrated by Kik Inc.'s settlement with the SEC, which confirmed that Kin does not require registration as a security.
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