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NKN bear market cycles - historical perspective of NKN bear markets
In this overview, we will show the previous bear markets of the NKN cryptocurrency - you will see how much NKN lost during its biggest past bear markets.
Current price and other data:
|Symbol||Price change (1d)||Price (USD)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
NKN has experienced 14 bear markets in the past, see chart below:
What is NKN most negative bear market ?
NKN most negative bear market started on Jul 10th, 2019 and ended on Sep 28th, 2019, lasting for 80 days.
During this time, the price of NKN decreased from 0.0989 USD to 0.0177 USD, resulting in a return of -82.1 %.
Average compounded daily decrease of price during this period was -2.13% / day.
What is NKN 2nd most negative bear market ?
NKN 2nd most negative bear market started on Nov 5th, 2018 and ended on Nov 27th, 2018, lasting for 22 days.
During this time, the price of NKN decreased from 0.0952 USD to 0.0179 USD, resulting in a return of -81.2 %.
Average compounded daily decrease of price during this period was -7.32% / day.
What is NKN 3rd most negative bear market ?
NKN 3rd most negative bear market started on Jul 26th, 2018 and ended on Aug 21st, 2018, lasting for 26 days.
During this time, the price of NKN decreased from 0.2187 USD to 0.0440 USD, resulting in a return of -79.9 %.
Average compounded daily decrease of price during this period was -5.98% / day.
Returns of previous NKN bear market cycles
In the following table you can see the previous NKN bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of NKN
See NKN past bull and bear markets in the chart below:
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