DePIN · rank #1674

NKN NKN

NKN cycle analysis · chart, confirmed lows and fundamentals

$0.0059+0.5% 1d-4.1% 7d-13.0% 30d

Amber List Recovering Phoenix · monthly · score 40 mixed

79.2% below its 365-day high of $0.0283 (2026-03-26), +31.0% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.00470.02550.13842024-052025-072026-10low 0.0045 (98%)monthly trigger 0.0164
Where it stands

On the Amber List.

79% below its rolling 365-day high, 209 days after the high.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +31.0% above the Feb 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2D

Last bars
2Dr 3r 1g 1g 2Dr
Confirmed low
$0.0045 · 2026-02-28
Position
8 of median 4 (max 15)
Current low
$0.0045 · confirmed
Cycle-low confidence
50%
Confirmed lows
10

Weekly 1

Last bars
2Ug 3r 2Dr 1r 1g
Confirmed low
$0.0059 · 2026-09-20
Position
5 of median 4.0 (max 22)
Current low
$0.00553 · unconfirmed
Confirms above
$0.007
Cycle-low confidence
49%
Confirmed lows
51

Daily 1

Last bars
1g 3r 1g 2Dr 1r
Confirmed low
$0.00553 · 2026-10-08 (daily)
Position
13 of median 5 (max 18)
Current low
$0.00576 · unconfirmed
Confirms above
$0.00624
Cycle-low confidence
35%
Confirmed lows
350
The full read, in sentences
  • Monthly: forming bar is a red 2-Down. Last confirmed swing low 0.0045 (Feb 2026), month 8 of a cycle that has typically run 4. Cycle-low confidence 50%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.0059 (Sep 2026), week 5 of a cycle that has typically run 4. Current low 0.005528 is unconfirmed — it confirms above 0.007. Cycle-low confidence 49%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.005528 (2026-10-08), day 13 of a cycle that has typically run 5. Current low 0.005759 is unconfirmed — it confirms above 0.006239. Cycle-low confidence 35%.
  • Amber List: 79% below the 2026-03-26 high; +31% off the 365-day low.
  • Phoenix: 98% decline over 22 months, monthly swing low confirmed (next-bar), now +31% above the trough; pullback #3 confirmed 2026-09-27.
  • Gauges: Mayer multiple 0.89 (cheap); -91% vs the 200-week average; -100% from the all-time high.

Has NKN bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the NKN snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0045 from 2026-02-28. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0059 from 2026-09-20. A newer candidate at $0.00553 is unconfirmed; its confirmation level is above $0.007, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.00553 from 2026-10-08. A newer candidate at $0.00576 is unconfirmed; its confirmation level is above $0.00624, provided the candidate low is not undercut first.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is NKN below its high?

The Coinbase price snapshot is 79.2% below its rolling 365-day high of $0.0283 from 2026-03-26. Separately, CoinGecko reports -99.6% relative to its all-time high of $1.44 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Red List; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  3. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.2208 · Apr 2024
Trough
$0.0045 · Feb 2026
Decline
-98.0% over 22 months
Above trough
+31.0%
Monthly
confirmed (next-bar) · trigger $0.0164
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #3 low $0.0059 confirmed 2026-09-27 · trigger $0.00645
Score 40
decline30
confirmation25
earliness0
stale-15
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health56 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
2.2 %5.7 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
1674 #0 / 15
Age on Coinbase
survived a cycle
5.5 yrs10.0 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$5.4M
Fully diluted
$5.4M
24h volume
$117.6K
Circulating
805,663,416 of 1,000,000,000 max
All-time high
$1.44 · 2021-04-09 (-99.6%)
Mayer multiple
0.893 · cheap
vs 200-week avg
-90.8%
Pi cycle
0.366
On Coinbase since
2021-04-09 (2022 bars)
CoinGecko id
nkn

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources