Nervos Network 24 Hour Volume Hits $52.27 Million (CKB)

Nervos Network (CKB) traded 3.8% lower against the US dollar during the 24 hour period ending at 20:00 PM E.T. on October 2nd. Nervos Network has a market capitalization of $672.17 million and $52.27 million worth of Nervos Network was traded on exchanges in the last day. In the last week, Nervos Network has traded 8.6% lower against the US dollar. One Nervos Network coin can currently be purchased for $0.0149 or 0.00000025 BTC on major cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.2% lower against the dollar and now trades at $60,687.40 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.2% against the dollar and now trades at $0.10 or 0.00000173 BTC.
• Bitcoin Cash (BCH) traded 0.7% lower against the dollar and now trades at $316.11 or 0.00520877 BTC.
• UNUS SED LEO (LEO) traded 2.9% lower against the dollar and now trades at $5.80 or 0.00009556 BTC.
• Litecoin (LTC) traded 0.9% lower against the dollar and now trades at $62.88 or 0.00103621 BTC.
• Ethereum Classic (ETC) traded 2.6% lower against the dollar and now trades at $17.97 or 0.00029608 BTC.
• Monero (XMR) traded down 5.6% against the dollar and now trades at $136.65 or 0.00225164 BTC.
• Arweave (AR) traded 5.2% lower against the dollar and now trades at $18.45 or 0.00030406 BTC.
• Bitcoin SV (BSV) traded 1.2% lower against the dollar and now trades at $44.66 or 0.00073595 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nervos Network Coin Profile

Nervos Network (CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. It launched on November 15th, 2019. Nervos Network’s total supply is 45,762,071,408 coins and its circulating supply is 45,049,349,015 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. The official website for Nervos Network 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.”

Nervos Network Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to trade Nervos Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nervos Network using one of the aforementioned exchanges.

CKB/USD price chart by TradingView