Nervos Network Reaches Market Cap of $528.48 Million (CKB)

Nervos Network (CKB) traded down 3.4% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM Eastern on July 1st. One Nervos Network coin can now be bought for $0.0119 or 0.00000019 BTC on cryptocurrency exchanges. In the last week, Nervos Network has traded up 9.1% against the U.S. dollar. Nervos Network has a market capitalization of $528.48 million and approximately $20.31 million worth of Nervos Network was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $62,805.75 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1% against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Bitcoin Cash (BCH) traded down 2.4% against the dollar and now trades at $384.16 or 0.00611671 BTC.
• Litecoin (LTC) traded 1.2% lower against the dollar and now trades at $74.37 or 0.00118405 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.78 or 0.00009207 BTC.
• Ethereum Classic (ETC) traded down 2.2% against the dollar and now trades at $23.21 or 0.00036948 BTC.
• Monero (XMR) traded 0.5% higher against the dollar and now trades at $168.73 or 0.00268656 BTC.
• Arweave (AR) traded 1.1% higher against the dollar and now trades at $28.22 or 0.00044930 BTC.
• Bitcoin SV (BSV) traded 1.9% lower against the dollar and now trades at $44.21 or 0.00070393 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nervos Network Coin Profile

Nervos Network (CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. Its launch date was November 15th, 2019. Nervos Network’s total supply is 45,159,279,218 coins and its circulating supply is 44,474,655,545 coins. Nervos Network’s official message board 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.”

Nervos Network Coin Trading

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

CKB/USD price chart by TradingView