Nervos Network (CKB) Market Cap Reaches $843.54 Million

Nervos Network (CKB) traded down 10.4% against the US dollar during the 1-day period ending at 23:00 PM Eastern on April 18th. One Nervos Network coin can now be bought for approximately $0.0192 or 0.00000031 BTC on major exchanges. Nervos Network has a market cap of $843.54 million and $100.97 million worth of Nervos Network was traded on exchanges in the last 24 hours. In the last week, Nervos Network has traded down 41.2% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 0.5% against the dollar and now trades at $61,798.25 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.7% against the dollar and now trades at $0.15 or 0.00000236 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $463.53 or 0.00749668 BTC.
• Litecoin (LTC) traded 2% lower against the dollar and now trades at $79.15 or 0.00128007 BTC.
• UNUS SED LEO (LEO) traded down 1.1% against the dollar and now trades at $5.84 or 0.00009441 BTC.
• Ethereum Classic (ETC) traded down 2.8% against the dollar and now trades at $25.13 or 0.00040642 BTC.
• Monero (XMR) traded down 4.2% against the dollar and now trades at $113.91 or 0.00184220 BTC.
• Arweave (AR) traded down 2.2% against the dollar and now trades at $23.86 or 0.00038590 BTC.
• Bitcoin SV (BSV) traded down 3.4% against the dollar and now trades at $63.91 or 0.00103360 BTC.
• eCash (XEC) traded 3.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nervos Network Coin Profile

Nervos Network (CRYPTO:CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. It was first traded on November 15th, 2019. Nervos Network’s total supply is 44,666,429,707 coins and its circulating supply is 43,985,894,344 coins. The official message board for Nervos Network is medium.com/nervosnetwork. Nervos Network’s official website is nervos.org. The Reddit community for Nervos Network is https://reddit.com/r/nervosnetwork and the currency’s Github account can be viewed here. Nervos Network’s official Twitter account is @nervosnetwork and its Facebook page is accessible here.

According to CryptoCompare, “The Nervos Network is an open-source public blockchain ecosystem that aims to solve the biggest challenges facing blockchains like Bitcoin and Ethereum. Its layer 1 protocol, Nervos CKB, provides a proof of work public blockchain that allows for the secure storage of any crypto-asset, while enabling smart contracts, layer 2 scaling, and a “store of value” crypto-economic design through its native token, CKByte. CKByte is a cryptocurrency that can be used as a secure store of value and a value token behind smart contracts. It also allows users to store, execute, and rent space on the Nervos Blockchain.”

Buying and Selling Nervos Network

It is usually not possible to purchase alternative cryptocurrencies such as Nervos Network directly using U.S. dollars. Investors seeking to trade Nervos Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nervos Network using one of the aforementioned exchanges.

CKB/USD price chart by TradingView