KinkaPrice(XNK)
Details Kinka (XNK) Price information (USD)
The current real-time price of XNK is $4,621.15. In the past 24 hours, XNK has traded between $4,568.14 and $4,796.72, showing strong market activity. The all-time high of XNK is $5,552.58, and the all-time low is $221.86.
From a short-term perspective, the price change of XNK over the past 1 hour is
Kinka (XNK) Market Information
Kinka (XNK) Today's Price
The live price of XNK today is $4,621.15, with a current market cap of $2.227M. The 24-hour trading volume is 77K. The price of XNK to USD is updated in real time.
Kinka (XNK) Price History (USD)
What is KINKA (XNK)?
When is the right time to buy XNK? Should I buy or sell XNK now?
Before deciding whether to buy or sell XNK, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s XNK technical analysis can provide you with trading references.
Future price trend of XNK
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for XNK.
How much will XNK be worth tomorrow, next week, or next month in ? What about your XNK assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! XNK Price Prediction
How to buy KINKA (XNK)
Convert XNK to local currency
XNK Resources
To learn more about XNK, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xe6a2...70d8c4  | 166 | 52.7% |
ethereum | 0xb88e...9541b8 | 127 | 40.32% |
ethereum | 0x6d0d...d9062d | 7 | 2.22% |
ethereum | 0xfe06...df3be0 | 3 | 0.95% |
ethereum | 0x43b7...fc4ac1 | 1 | 0.32% |
Other | 11.00007 | 3.49% |
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KINKA (XNK) FAQ
What is Kinka (XNK) and what does it represent?
Kinka (XNK) is a gold-backed stablecoin and Real World Asset (RWA) token that bridges traditional Japanese gold markets with the Web3 ecosystem. Each XNK token is backed 1:1 by one fine troy ounce of physical gold. The gold is stored in secure, audited, and bankrupt-remote vaults located in Japan, ensuring that the asset remains the property of token holders even in the event of company insolvency.
Who are the key organizations behind the Kinka project?
Kinka is primarily developed by UNBANKED, INC. through a strategic collaboration with Daiichi Commodities, a publicly-traded Japanese gold house with over 40 years of industry experience, and Crowd Bank, a leading Japanese crowdfunding platform. The project also receives technical issuance support from partners such as EMURGO to facilitate its expansion into ecosystems like Cardano.
How are the gold reserves verified and what are the associated fees?
Kinka maintains 100% reserve backing, utilizing gold that meets London Bullion Market Association (LBMA) standards. The reserves are audited by independent Japanese firms and the project operates under the oversight of Japanese Financial Services Agency (FSA) regulations. A significant advantage of Kinka is its fee structure; unlike many other gold-backed tokens, Kinka charges zero custody or management fees, with users only responsible for standard blockchain network fees.
Where can I trade Kinka (XNK) tokens?
XNK can be traded on leading centralized exchanges such as LBank. Additionally, the token is available on various decentralized exchanges (DEXs) within the Ethereum and Cardano networks. Users should always ensure they are using the correct contract addresses or Policy IDs to ensure they are trading the official Kinka (XNK) asset.
Can XNK tokens be redeemed for physical gold?
Yes, physical redemption is possible. However, there is a high minimum requirement for this process. To redeem your tokens for physical gold bars, you typically need a minimum of 10kg of gold, which is approximately equivalent to 321.5 XNK tokens.
What are the primary Web3 use cases for XNK and what is veXNK?
XNK is designed for high utility within DeFi, allowing users to use gold as collateral for loans, for payments, and for staking in stability pools. The ecosystem also includes veXNK (vote-escrowed XNK). Users can lock their XNK tokens to receive veXNK, which provides governance rights and allows them to earn a share of the protocol's rewards.
