TKN Profile

TKN
 Crypto
  

USD 0.0328  0.26  88.69%   

Market Performance
25 of 100
Odds Of Distress
Less than 1
TKN is trading at 0.0328 as of the 9th of December 2022, a -88.69 percent decrease since the beginning of the trading day. TKN has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Cryptocurrency ratings for TKN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
TKN is peer-to-peer digital currency powered by the Blockchain technology. More on TKN
TKN is an internet market maker for peer-to-peer digital currency indicated as Cryptocurrency. TKN has been active in the last 3 months, and it is now trading with a bearish sentiment. Cryptocurrencies such as TKN are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as TKN are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

TKN Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. TKN's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding TKN or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
TKN is way too risky over 90 days horizon
TKN has some characteristics of a very speculative cryptocurrency
TKN appears to be risky and price may revert if volatility continues
TKN is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 4 exchanges in multiple currencies. TokenCard was a project focused on providing an easy method for users to interact and secure their tokens. It allowed users to keep their Ethereum-based tokens secure and under user-set spending and security parameters through the Token Contract Wallet. The tokens couldbe spend through the physical TokenCard, nabling online payments, PoS transactions and ATM withdrawals.TokenCard rebranded to Monolith.
SymbolTKN
RatingD-
Technology Adoption RatingE+
Market Performance RatingD+
NameTKN
Sponsoredfalse
Built OnETH
Is Tradingtrue
Asset Launch Date2017-04-25
Full NameMonolith (TKN)
Asset Website Urlhttps://monolith.xyz/
Asset Token StatusFinished
Platform Typetoken
Coin NameMonolith
Total Coins Mined39.41 Million
Smart Contract AddressView
TKN (TKN) is traded on CRYPTO Exchanges. TKN is peer-to-peer digital currency powered by the Blockchain technology.

TKN's Exchanges and Markets

HitBTC Bitfinex Yobit IDEX

TKN Target Price Odds Analysis

What are TKN's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of TKN jumping above the current price in 90 days from now is about 98.0%. The TKN probability density function shows the probability of TKN crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the crypto coin has a beta coefficient of 3.2353. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TKN will likely underperform. In addition to that, the company has an alpha of 85.9063, implying that it can generate a 85.91 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.0328HorizonTargetOdds Above 0.0328
1.91%90 days
 0.0328 
98.09%
Based on a normal probability distribution, the odds of TKN to move above the current price in 90 days from now is about 98.0 (This TKN probability density function shows the probability of TKN Crypto Coin to fall within a particular range of prices over 90 days) .

TKN Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. TKN market risk premium is the additional return an investor will receive from holding TKN long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TKN. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although TKN's alpha and beta are two of the key measurements used to evaluate TKN's performance over the market, the standard measures of volatility play an important role as well.

TKN Technical Analysis

When it comes to investing in cryptocurrency, such as TKN, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of TKN, which is currently traded at 0.0328, shows everything you need to know about TKN market value. You don't have to consider the fundamental factors that affect a crypto asset, such as TKN, to determine its price movements. However, the TKN's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so TKN's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project TKN's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. TKN Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe TKN price patterns.
.

TKN Against Markets

Picking the right benchmark for TKN crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TKN crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TKN is critical whether you are bullish or bearish towards TKN at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in TKN without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

Did you try this?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

How to invest in TKN

You need to understand the risk of getting into digital currencies such as TKN before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in TKN in four ways:

Buy TKN through an exchange

Get yourself a crypto wallet before embarking on your TKN journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase TKN. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of TKN through an exchange

You don't have to buy a full token when starting out since TKN is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade TKN through a broker

If you don't want to store your TKN Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in TKN through an exchange-traded fund (ETF)

You can also invest in TKN through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having TKN in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Additionally, take a look at World Market Map. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Other Tools for TKN Crypto Coin

When running TKN price analysis, check to measure TKN's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy TKN is operating at the current time. Most of TKN's value examination focuses on studying past and present price actions to predict the probability of TKN's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move TKN's coin price. Additionally, you may evaluate how adding TKN to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go