Nervos Network Trading 19.4% Higher This Week (CKB)

Nervos Network (CKB) traded 17% higher against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on June 25th. In the last week, Nervos Network has traded 19.4% higher against the U.S. dollar. Nervos Network has a market capitalization of $541.85 million and $33.55 million worth of Nervos Network was traded on exchanges in the last 24 hours. One Nervos Network coin can now be bought for approximately $0.0122 or 0.00000020 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 4.4% higher against the dollar and now trades at $61,906.15 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 10.6% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Bitcoin Cash (BCH) traded up 12.3% against the dollar and now trades at $391.13 or 0.00631803 BTC.
• Litecoin (LTC) traded up 4.7% against the dollar and now trades at $71.78 or 0.00115949 BTC.
• UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $5.76 or 0.00009307 BTC.
• Ethereum Classic (ETC) traded 4.8% higher against the dollar and now trades at $23.62 or 0.00038147 BTC.
• Monero (XMR) traded 3.7% higher against the dollar and now trades at $162.33 or 0.00262215 BTC.
• Arweave (AR) traded up 10.7% against the dollar and now trades at $29.49 or 0.00047637 BTC.
• Bitcoin SV (BSV) traded 6.6% higher against the dollar and now trades at $45.81 or 0.00074006 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nervos Network Profile

Nervos Network (CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. It was first traded on November 15th, 2019. Nervos Network’s total supply is 45,117,674,989 coins and its circulating supply is 44,436,769,131 coins. The official message board for Nervos Network 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. The official website for Nervos Network 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 presently possible to purchase alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to acquire Nervos Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nervos Network using one of the exchanges listed above.

CKB/USD price chart by TradingView