The Kin price is currently $ 0.000009 with a 24-hour trading volume of $ 32,528 across 15 exchanges. The KIN price is down -6.15% in the last 24 hours. Kin reached its highest price on January 6, 2018, when it was trading at its all-time high of $ 0.001575. It has a circulating supply of 1.52T KIN.

KIN is the name for the ERC20 token issued by Kik. It operates as a cryptocurrency that will be used to power a range of decentralized digital services. Kik raised $98 million in its token sale which was held in September 2017, with over 10,000 participants involved. Another $50 million was raised in a presale that occurred in August. The KIN token is designed as a means of incentivizing user interaction on the chat app that Kin operates.

Users who participate actively on the app will be rewarded with KIN, administered via the Kin Rewards Engine. Kin is the first mainstream social media messenger app to launch its own crypto token. Because Kin already has millions of users, it is hoped that the KIN token will enjoy widespread adoption, introducing a new tranche of the population to digital currencies in the process.