Nervos Network (CKB) Hits Market Cap of $763.35 Million

Nervos Network (CKB) traded down 2.5% against the U.S. dollar during the 1-day period ending at 13:00 PM E.T. on May 9th. Nervos Network has a market cap of $763.35 million and $38.28 million worth of Nervos Network was traded on exchanges in the last day. Over the last seven days, Nervos Network has traded up 11.5% against the U.S. dollar. One Nervos Network coin can currently be bought for approximately $0.0173 or 0.00000028 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $61,917.96 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.5% lower against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded down 2.8% against the dollar and now trades at $446.43 or 0.00721000 BTC.
• Litecoin (LTC) traded 0.3% higher against the dollar and now trades at $82.06 or 0.00132523 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $5.85 or 0.00009447 BTC.
• Ethereum Classic (ETC) traded down 2.5% against the dollar and now trades at $27.36 or 0.00044183 BTC.
• Arweave (AR) traded 8.9% higher against the dollar and now trades at $40.51 or 0.00065422 BTC.
• Monero (XMR) traded up 2.2% against the dollar and now trades at $132.30 or 0.00213670 BTC.
• Bitcoin SV (BSV) traded down 1% against the dollar and now trades at $63.46 or 0.00102496 BTC.
• eCash (XEC) traded down 0.9% against the dollar and now trades at $0.0000 or 0.00000000 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 44,807,226,135 coins and its circulating supply is 44,123,106,128 coins. 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 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 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.”

Nervos Network Coin Trading

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

CKB/USD price chart by TradingView