Nervos Network (CKB) Trading 0.7% Higher This Week

Nervos Network (CKB) traded down 4.8% against the US dollar during the one day period ending at 15:00 PM E.T. on May 23rd. During the last seven days, Nervos Network has traded up 0.7% against the US dollar. Nervos Network has a market cap of $661.41 million and $36.76 million worth of Nervos Network was traded on exchanges in the last day. One Nervos Network coin can now be purchased for $0.0150 or 0.00000022 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 3.2% against the dollar and now trades at $67,278.22 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.5% lower against the dollar and now trades at $0.16 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $485.63 or 0.00721818 BTC.
• Litecoin (LTC) traded down 2.6% against the dollar and now trades at $83.74 or 0.00124464 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $5.98 or 0.00008894 BTC.
• Ethereum Classic (ETC) traded up 6.6% against the dollar and now trades at $32.28 or 0.00047985 BTC.
• Arweave (AR) traded down 9.7% against the dollar and now trades at $41.39 or 0.00061528 BTC.
• Monero (XMR) traded 1.1% higher against the dollar and now trades at $140.07 or 0.00208197 BTC.
• Bitcoin SV (BSV) traded 3.3% lower against the dollar and now trades at $63.48 or 0.00094350 BTC.
• eCash (XEC) traded 4.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nervos Network Coin Profile

Nervos Network 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 44,903,299,847 coins and its circulating supply is 44,214,664,371 coins. Nervos Network’s official Twitter account is @nervosnetwork and its Facebook page is accessible here. The official message board for Nervos Network is medium.com/nervosnetwork. 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 website 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.”

Buying and Selling Nervos Network

It is usually not presently 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nervos Network using one of the exchanges listed above.

CKB/USD price chart by TradingView