Nervos Network Trading 6.4% Higher This Week (CKB)

Nervos Network (CKB) traded up 0.7% against the dollar during the 1-day period ending at 7:00 AM Eastern on October 24th. Nervos Network has a total market cap of $156.02 million and $5.42 million worth of Nervos Network was traded on exchanges in the last 24 hours. Over the last seven days, Nervos Network has traded 6.4% higher against the dollar. One Nervos Network coin can currently be bought for approximately $0.0033 or 0.00000003 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded 1.7% higher against the dollar and now trades at $3.92 or 0.00003521 BTC.
• Bitcoin (BTC) traded 1.8% higher against the dollar and now trades at $111,214.75 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.20 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded up 1.4% against the dollar and now trades at $490.80 or 0.00441329 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $8.97 or 0.00008064 BTC.
• Litecoin (LTC) traded up 1.9% against the dollar and now trades at $95.47 or 0.00085846 BTC.
• Monero (XMR) traded down 2.1% against the dollar and now trades at $329.54 or 0.00296322 BTC.
• Zcash (ZEC) traded 12.2% higher against the dollar and now trades at $264.04 or 0.00237427 BTC.
• Ethereum Classic (ETC) traded up 0.5% against the dollar and now trades at $15.82 or 0.00014229 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nervos Network 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 48,265,660,407 coins and its circulating supply is 47,513,035,345 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 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.

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.”

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 acquire Nervos Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Nervos Network using one of the exchanges listed above.

CKB/USD price chart by TradingView