ssv.network (SSV) Reaches Self Reported Market Cap of $501.22 Million

ssv.network (SSV) traded up 2.9% against the dollar during the 24-hour period ending at 22:00 PM ET on April 24th. One ssv.network token can currently be bought for about $45.25 or 0.00070468 BTC on popular cryptocurrency exchanges. ssv.network has a total market cap of $501.22 million and $56.40 million worth of ssv.network was traded on exchanges in the last 24 hours. During the last week, ssv.network has traded up 26% against the dollar.

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

• KILT Protocol (KILT) traded down 6.6% against the dollar and now trades at $0.31 or 0.00000490 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.1% higher against the dollar and now trades at $0.0090 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Profile

ssv.network was first traded on August 31st, 2021. ssv.network’s total supply is 11,012,871 tokens and its circulating supply is 11,076,871 tokens. The official website for ssv.network is ssv.network. The official message board for ssv.network is medium.com/bloxstaking. ssv.network’s official Twitter account is @ssv_network. The Reddit community for ssv.network is https://reddit.com/r/ssvnetwork/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “ssv.network (SSV) is a unique protocol that decentralizes and secures the operation of Ethereum validators by distributing an encrypted validator private key across different non-trusting nodes. Conceived by Ethereum Foundation researchers and later developed by Blox Staking, this protocol ensures that network performance isn’t affected even if a portion of nodes goes offline.
The native token of the ssv.network, $SSV, is used as a payment method within the network. Stakers use these tokens to pay fees to the operators they choose to manage their validators and to the DAO for network access. The payment structure facilitates a competitive ‘free market’ environment amongst staking providers and incentivizes stakers to maintain a minimum balance of $SSV as collateral, ensuring network solvency. It enhances security and reliability for stakers and promotes transparency and competition among operators.”

Buying and Selling ssv.network

It is usually not presently possible to buy alternative cryptocurrencies such as ssv.network directly using US dollars. Investors seeking to trade ssv.network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ssv.network using one of the exchanges listed above.

SSV/USD price chart by TradingView