Nervos Network (CKB) Trading 11.1% Higher Over Last Week

Nervos Network (CKB) traded down 0.6% against the dollar during the 24 hour period ending at 23:00 PM E.T. on May 9th. Nervos Network has a total market capitalization of $769.69 million and $39.08 million worth of Nervos Network was traded on exchanges in the last 24 hours. One Nervos Network coin can now be bought for about $0.0174 or 0.00000028 BTC on exchanges. During the last week, Nervos Network has traded 11.1% higher against the dollar.

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

• Bitcoin (BTC) traded 2.1% higher against the dollar and now trades at $62,864.21 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2% higher against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded 0.8% lower against the dollar and now trades at $451.61 or 0.00718385 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $83.00 or 0.00132027 BTC.
• UNUS SED LEO (LEO) traded up 2.2% against the dollar and now trades at $5.92 or 0.00009425 BTC.
• Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $27.50 or 0.00043753 BTC.
• Arweave (AR) traded up 8.2% against the dollar and now trades at $42.23 or 0.00067171 BTC.
• Monero (XMR) traded down 1% against the dollar and now trades at $132.57 or 0.00210880 BTC.
• Bitcoin SV (BSV) traded 2.8% higher against the dollar and now trades at $64.74 or 0.00102987 BTC.
• eCash (XEC) traded 1.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Nervos Network Profile

Nervos Network (CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. Its launch date was November 15th, 2019. Nervos Network’s total supply is 44,807,941,045 coins and its circulating supply is 44,125,301,509 coins. Nervos Network’s official Twitter account is @nervosnetwork and its Facebook page is accessible here. Nervos Network’s official message board is medium.com/nervosnetwork. The official website for Nervos Network is nervos.org. The Reddit community for Nervos Network is https://reddit.com/r/nervosnetwork and the currency’s Github account can be viewed here.

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 currently possible to purchase alternative cryptocurrencies such as Nervos Network directly using U.S. dollars. Investors seeking to trade Nervos Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX 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