ssv.network Price Hits $16.72 on Major Exchanges (SSV)

ssv.network (SSV) traded up 3.9% against the dollar during the 1-day period ending at 11:00 AM ET on November 5th. One ssv.network token can currently be purchased for $16.72 or 0.00023804 BTC on popular cryptocurrency exchanges. Over the last week, ssv.network has traded 19.1% lower against the dollar. ssv.network has a market capitalization of $193.21 million and approximately $17.25 million worth of ssv.network was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.5% against the dollar and now trades at $69,920.27 or 0.99569208 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.9% against the dollar and now trades at $69,628.28 or 0.99153392 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Token Profile

ssv.network launched on August 31st, 2021. ssv.network’s total supply is 11,838,486 tokens and its circulating supply is 11,558,205 tokens. The Reddit community for ssv.network is https://reddit.com/r/ssvnetwork/ and the currency’s Github account can be viewed here. ssv.network’s official website is ssv.network. ssv.network’s official message board is ssv.network/blog. ssv.network’s official Twitter account is @ssv_network.

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.”

ssv.network Token Trading

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

SSV/USD price chart by TradingView