Nervos Network Trading 17.9% Lower Over Last Week (CKB)

Nervos Network (CKB) traded 7.3% lower against the dollar during the twenty-four hour period ending at 8:00 AM ET on February 5th. One Nervos Network coin can currently be purchased for $0.0018 or 0.00000003 BTC on popular cryptocurrency exchanges. Nervos Network has a total market capitalization of $88.83 million and approximately $5.55 million worth of Nervos Network was traded on exchanges in the last day. In the last week, Nervos Network has traded 17.9% lower against the dollar.

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

• Arweave (AR) traded down 9% against the dollar and now trades at $2.31 or 0.00003275 BTC.
• Bitcoin (BTC) traded down 7% against the dollar and now trades at $70,409.74 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.7% lower against the dollar and now trades at $0.0990 or 0.00000141 BTC.
• Bitcoin Cash (BCH) traded down 2.9% against the dollar and now trades at $513.81 or 0.00729739 BTC.
• UNUS SED LEO (LEO) traded down 9% against the dollar and now trades at $8.04 or 0.00011412 BTC.
• Monero (XMR) traded 9.9% lower against the dollar and now trades at $350.48 or 0.00497775 BTC.
• Litecoin (LTC) traded down 5.8% against the dollar and now trades at $56.61 or 0.00080399 BTC.
• Zcash (ZEC) traded down 13.8% against the dollar and now trades at $240.53 or 0.00341614 BTC.
• Ethereum Classic (ETC) traded down 6.6% against the dollar and now trades at $9.00 or 0.00012779 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 48,923,825,801 coins and its circulating supply is 48,162,663,420 coins. The official website for Nervos Network is nervos.org. 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. Nervos Network’s official message board is medium.com/nervosnetwork.

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 presently possible to buy alternative cryptocurrencies such as Nervos Network directly using U.S. dollars. Investors seeking to trade Nervos Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nervos Network using one of the exchanges listed above.

CKB/USD price chart by TradingView