Nervos Network (CKB) Trading Down 21% This Week

Nervos Network (CKB) traded down 2.1% against the dollar during the 24 hour period ending at 15:00 PM ET on April 27th. In the last week, Nervos Network has traded 21% lower against the dollar. Nervos Network has a total market cap of $759.00 million and approximately $40.18 million worth of Nervos Network was traded on exchanges in the last day. One Nervos Network coin can now be purchased for $0.0172 or 0.00000027 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $63,257.79 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.2% against the dollar and now trades at $0.15 or 0.00000233 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $475.00 or 0.00750899 BTC.
• Litecoin (LTC) traded 4.7% lower against the dollar and now trades at $84.03 or 0.00132833 BTC.
• UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $5.85 or 0.00009246 BTC.
• Ethereum Classic (ETC) traded 0.9% lower against the dollar and now trades at $27.48 or 0.00043447 BTC.
• Monero (XMR) traded up 0.8% against the dollar and now trades at $121.31 or 0.00191775 BTC.
• Arweave (AR) traded up 9.1% against the dollar and now trades at $33.68 or 0.00053237 BTC.
• Bitcoin SV (BSV) traded 1.3% higher against the dollar and now trades at $67.18 or 0.00106196 BTC.
• eCash (XEC) traded down 2% against the dollar and now trades at $0.0001 or 0.00000000 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 44,723,889,601 coins and its circulating supply is 44,042,297,221 coins. Nervos Network’s official message board 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. Nervos Network’s official website 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.”

Nervos Network Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to trade Nervos Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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