Nervos Network (CKB) Market Capitalization Achieves $771.36 Million

Nervos Network (CKB) traded down 3.4% against the dollar during the 24-hour period ending at 12:00 PM ET on May 8th. Nervos Network has a market cap of $771.36 million and $34.14 million worth of Nervos Network was traded on exchanges in the last 24 hours. During the last seven days, Nervos Network has traded 19.1% higher against the dollar. One Nervos Network coin can currently be purchased for approximately $0.0175 or 0.00000028 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 2.1% against the dollar and now trades at $62,253.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5% lower against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded 4.9% lower against the dollar and now trades at $460.81 or 0.00740212 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $81.76 or 0.00131329 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.90 or 0.00009473 BTC.
• Ethereum Classic (ETC) traded 4.2% higher against the dollar and now trades at $28.45 or 0.00045701 BTC.
• Arweave (AR) traded down 6.9% against the dollar and now trades at $36.46 or 0.00058565 BTC.
• Monero (XMR) traded 2.1% lower against the dollar and now trades at $128.68 or 0.00206703 BTC.
• Bitcoin SV (BSV) traded 1.6% lower against the dollar and now trades at $64.07 or 0.00102926 BTC.
• eCash (XEC) traded down 3.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Nervos Network

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 44,796,979,823 coins and its circulating supply is 44,115,977,701 coins. Nervos Network’s official Twitter account is @nervosnetwork and its Facebook page is accessible here. 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. Nervos Network’s official website is nervos.org.

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 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 Gemini, Coinbase 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