Nervos Network Market Capitalization Tops $367.24 Million (CKB)

Nervos Network (CKB) traded down 5.1% against the dollar during the 24 hour period ending at 20:00 PM ET on August 11th. Nervos Network has a total market cap of $367.24 million and approximately $10.87 million worth of Nervos Network was traded on exchanges in the last day. In the last week, Nervos Network has traded 1.2% higher against the dollar. One Nervos Network coin can now be purchased for $0.0082 or 0.00000014 BTC on major exchanges.

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

• Bitcoin (BTC) traded 3.6% lower against the dollar and now trades at $58,958.64 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.1% against the dollar and now trades at $0.10 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded down 7% against the dollar and now trades at $330.01 or 0.00559730 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.81 or 0.00009858 BTC.
• Litecoin (LTC) traded 2.7% lower against the dollar and now trades at $59.49 or 0.00100894 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $149.27 or 0.00253185 BTC.
• Ethereum Classic (ETC) traded down 4.8% against the dollar and now trades at $18.44 or 0.00031277 BTC.
• Arweave (AR) traded down 7.9% against the dollar and now trades at $20.02 or 0.00033954 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 8.1% against the dollar and now trades at $39.77 or 0.00067457 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 45,432,308,430 coins and its circulating supply is 44,727,225,927 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. 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.

According to CryptoCompare, “The Nervos Network is an open-source public blockchain ecosystem and collection of protocols designed to solve the biggest challenges facing blockchains like Bitcoin and Ethereum today.The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts, layer 2 scaling and captures the total network value through its “store of value” crypto-economic design and native token, the CKByte.$CKB is a cryptocurrency that can be used as a secure store of value, like Bitcoin. It can also be a value token behind smart contracts, like ETH. Store, execute, and even rent space on the Nervos Blockchain with CKBytes.”

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