Nervos Network Market Cap Hits $145.61 Million (CKB)

Nervos Network (CKB) traded down 3.9% against the dollar during the 1-day period ending at 21:00 PM ET on November 20th. One Nervos Network coin can currently be purchased for $0.0034 or 0.00000009 BTC on exchanges. Nervos Network has a total market capitalization of $145.61 million and approximately $3.61 million worth of Nervos Network was traded on exchanges in the last day. Over the last week, Nervos Network has traded down 6.1% against the dollar.

Here is how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $37,527.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.6% against the dollar and now trades at $0.0780 or 0.00000208 BTC.
• Litecoin (LTC) traded 0.6% lower against the dollar and now trades at $70.08 or 0.00186753 BTC.
• Bitcoin Cash (BCH) traded 0.6% lower against the dollar and now trades at $228.13 or 0.00607906 BTC.
• UNUS SED LEO (LEO) traded 2.3% lower against the dollar and now trades at $3.97 or 0.00010589 BTC.
• Monero (XMR) traded 0.3% higher against the dollar and now trades at $164.63 or 0.00438698 BTC.
• Ethereum Classic (ETC) traded 0.1% higher against the dollar and now trades at $19.52 or 0.00052013 BTC.
• DEI (DEI) traded 3.3% lower against the dollar and now trades at $0.0117 or 0.00000031 BTC.
• Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $48.00 or 0.00127902 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 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 43,659,886,345 coins and its circulating supply is 42,993,655,491 coins. The official website for Nervos Network is nervos.org. Nervos Network’s official message board 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 Twitter account is @nervosnetwork and its Facebook page is accessible 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 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 GDAX, Changelly or Coinbase. 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