Nervos Network One Day Trading Volume Tops $47.26 Million (CKB)

Nervos Network (CKB) traded down 2.9% against the US dollar during the 24-hour period ending at 18:00 PM ET on May 2nd. Nervos Network has a market capitalization of $697.28 million and $47.26 million worth of Nervos Network was traded on exchanges in the last 24 hours. One Nervos Network coin can currently be purchased for $0.0158 or 0.00000027 BTC on exchanges. During the last week, Nervos Network has traded 12.9% lower against the US dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 2.8% against the dollar and now trades at $59,264.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.5% higher against the dollar and now trades at $0.13 or 0.00000226 BTC.
• Bitcoin Cash (BCH) traded 2.8% higher against the dollar and now trades at $432.80 or 0.00730295 BTC.
• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $80.73 or 0.00136226 BTC.
• UNUS SED LEO (LEO) traded 1.7% higher against the dollar and now trades at $5.95 or 0.00010036 BTC.
• Ethereum Classic (ETC) traded up 2.1% against the dollar and now trades at $25.87 or 0.00043652 BTC.
• Arweave (AR) traded up 23% against the dollar and now trades at $35.55 or 0.00059989 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $123.51 or 0.00208403 BTC.
• Bitcoin SV (BSV) traded up 1.7% against the dollar and now trades at $59.78 or 0.00100878 BTC.
• eCash (XEC) traded 3.1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nervos Network Coin Profile

Nervos Network (CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. It launched on November 15th, 2019. Nervos Network’s total supply is 44,758,248,009 coins and its circulating supply is 44,074,519,721 coins. The official message board for Nervos Network is medium.com/nervosnetwork. Nervos Network’s official Twitter account is @nervosnetwork and its Facebook page is accessible here. The Reddit community for Nervos Network is https://reddit.com/r/nervosnetwork and the currency’s Github account can be viewed here. The official website for Nervos Network is nervos.org.

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 buy alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to trade Nervos Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nervos Network using one of the aforementioned exchanges.

CKB/USD price chart by TradingView