Nervos Network (CKB) Price Down 6.6% This Week

Nervos Network (CKB) traded 8.3% higher against the U.S. dollar during the 1-day period ending at 13:00 PM Eastern on April 28th. Nervos Network has a total market capitalization of $809.80 million and $45.03 million worth of Nervos Network was traded on exchanges in the last 24 hours. One Nervos Network coin can now be bought for approximately $0.0184 or 0.00000029 BTC on popular exchanges. During the last week, Nervos Network has traded down 6.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $63,650.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.8% higher against the dollar and now trades at $0.15 or 0.00000236 BTC.
• Bitcoin Cash (BCH) traded up 1.8% against the dollar and now trades at $480.17 or 0.00754380 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $84.69 or 0.00133054 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $5.83 or 0.00009158 BTC.
• Ethereum Classic (ETC) traded up 8.2% against the dollar and now trades at $28.92 or 0.00045432 BTC.
• Arweave (AR) traded up 17.6% against the dollar and now trades at $37.48 or 0.00058890 BTC.
• Monero (XMR) traded 4.3% higher against the dollar and now trades at $124.32 or 0.00195322 BTC.
• Bitcoin SV (BSV) traded up 2.1% against the dollar and now trades at $67.28 or 0.00105696 BTC.
• eCash (XEC) traded 1.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nervos Network Coin Profile

CKB 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 44,729,343,009 coins and its circulating supply is 44,047,854,039 coins. 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. The official website for Nervos Network is nervos.org. 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.”

Nervos Network Coin Trading

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 Gemini, Changelly or GDAX. 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