Nervos Network 24-Hour Volume Tops $8.24 Million (CKB)

Nervos Network (CKB) traded down 2.3% against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on February 1st. Nervos Network has a total market capitalization of $97.11 million and $8.24 million worth of Nervos Network was traded on exchanges in the last 24 hours. One Nervos Network coin can now be purchased for approximately $0.0020 or 0.00000003 BTC on exchanges. During the last seven days, Nervos Network has traded down 17.2% against the U.S. dollar.

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

• Arweave (AR) traded 6.7% lower against the dollar and now trades at $2.58 or 0.00003294 BTC.
• Bitcoin (BTC) traded 4.8% lower against the dollar and now trades at $78,300.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5% against the dollar and now trades at $0.11 or 0.00000135 BTC.
• Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $533.50 or 0.00681348 BTC.
• UNUS SED LEO (LEO) traded 5.1% lower against the dollar and now trades at $8.74 or 0.00011166 BTC.
• Monero (XMR) traded down 11.9% against the dollar and now trades at $429.44 or 0.00548450 BTC.
• Zcash (ZEC) traded down 5.7% against the dollar and now trades at $298.64 or 0.00381406 BTC.
• Litecoin (LTC) traded 5.9% lower against the dollar and now trades at $59.17 or 0.00075567 BTC.
• Ethereum Classic (ETC) traded 5.1% lower against the dollar and now trades at $9.73 or 0.00012424 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 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 48,897,898,608 coins and its circulating supply is 48,138,539,479 coins. The Reddit community for Nervos Network is https://reddit.com/r/nervosnetwork and the currency’s Github account can be viewed here. 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. Nervos Network’s official website is nervos.org.

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.”

Buying and Selling Nervos Network

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