Nervos Network Reaches Market Capitalization of $289.70 Million (CKB)

Nervos Network (CKB) traded 41.1% higher against the U.S. dollar during the twenty-four hour period ending at 0:00 AM ET on February 12th. During the last seven days, Nervos Network has traded 41% higher against the U.S. dollar. Nervos Network has a market capitalization of $289.70 million and approximately $53.24 million worth of Nervos Network was traded on exchanges in the last 24 hours. One Nervos Network coin can currently be bought for $0.0067 or 0.00000013 BTC on popular exchanges.

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

  • Bitcoin (BTC) traded up 3.8% against the dollar and now trades at $49,937.03 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 2.2% higher against the dollar and now trades at $0.0820 or 0.00000164 BTC.
  • Bitcoin Cash (BCH) traded 2.2% higher against the dollar and now trades at $277.21 or 0.00555114 BTC.
  • Litecoin (LTC) traded up 1.4% against the dollar and now trades at $72.06 or 0.00144313 BTC.
  • Ethereum Classic (ETC) traded up 4% against the dollar and now trades at $26.80 or 0.00053663 BTC.
  • UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $4.08 or 0.00008179 BTC.
  • Monero (XMR) traded up 1.8% against the dollar and now trades at $123.74 or 0.00247787 BTC.
  • Bitcoin SV (BSV) traded 3% higher against the dollar and now trades at $81.29 or 0.00162787 BTC.
  • Conflux (CFX) traded up 3.8% against the dollar and now trades at $0.23 or 0.00000455 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nervos Network Coin Profile

CKB is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. Its genesis date was November 15th, 2019. Nervos Network’s total supply is 44,223,026,574 coins and its circulating supply is 43,522,043,289 coins. Nervos Network’s official message board is medium.com/nervosnetwork. 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. 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.”

Nervos Network Coin Trading

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

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