- #4286
PKT PKT
PKT Price
Market Cap
$367,948.13Rank #4286FDV
$410,262.52Rank #7947Investors
X Followers
Detailed Performance
PKT shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
PKT to USD Converter
Price History
- All-Time High
- $0.024276.91x to ATH
- All-Time Low
- $0.000045051.92x to ATL
- Trade Launch Date
- 16 Mar, 2022
1007 days ago
Exchanges
Exchanges type
About PKT
PKT is a new cryptocurrency that allows individuals to monetize their unused internet bandwidth. It is a people-powered, free to access network that aims to connect the world to the internet. PKT's software technology is available for anyone to use and earn income from their internet connection. Additionally, PKT is known for being the world's fastest decentralized network, offering high-speed internet with over 100+ gbps of bandwidth.
What makes PKT unique?
PKT has several unique features that differentiate it from other cryptocurrencies. Firstly, PKT is based on Bitcoin code, making it Lightning Network ready from the start, which allows for near-unlimited scalability and enables microtransactions to occur off-chain. This feature sets PKT apart as a cryptocurrency that is optimized for decentralized bandwidth trading markets.
Another distinguishing factor is PKT's mining algorithm, called PacketCrypt. It is the world's first bandwidth-hard proof of work, which requires both bandwidth and encryption. This favors powerful CPU mining and encourages miners to communicate with each other, ultimately leading to more efficient mining. This unique mining algorithm sets PKT apart from other cryptocurrencies that typically rely solely on computational power for mining.
In terms of its coin supply, PKT has a total of 6 billion coins, with the first half being mined in the first 2 years of mainnet. The remaining half will take another 61 years to mine. This distribution allows for small denominations in bandwidth transactions without the need for fractional payments.
Overall, PKT's Lightning Network compatibility, PacketCrypt mining algorithm, and unique coin supply distribution make it a distinct and innovative cryptocurrency in the market.
Live PKT Price Data
The current price of PKT (PKT) is approximately $0.00008667, reflecting a decrease of -4.05% in the last 24 hours. The PKT trading volume in the last 24 hours stands at $1,605.82. PKT's market cap is currently $367,948.13, accounting for about < 0.01% of the total crypto market cap. The circulating supply of PKT is 4.25 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand PKT's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PKT, check out our crypto insights page.
Official Links
PKT to USD Converter
Price History
- All-Time High
- $0.024276.91x to ATH
- All-Time Low
- $0.000045051.92x to ATL
- Trade Launch Date
- 16 Mar, 2022
1007 days ago