YoinkYNK
$0.00454
Market/Exchange
YNK Price Prediction and Price Movement
YNK has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that YNK's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if YNK is backed by a solid development team and whether YNK's technology has any potential to grow.
Please note that this analysis is purely base on YNK's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Yoink Price Chart
About Yoink
YOINK is described to be a simple yet elegant protocol encompassing deflationary characteristics with a twist. The following are the claims of the project:
The YOINK Function: Every 24 hours the Yoink function will be enacted. 1% of the piggy bank will be "yoinked" and given to a random Yoink wallet, if the selected wallet is not in the top 500 the YNK will be burned.
The Piggy Bank: The Piggy Bank initially holds 30% of the total YOINK supply, overtime this will deplete to zero.The piggy bank is black listed from the Yoink function so it can only give and not take.