Nervos Network Hits Market Capitalization of $114.75 Million (CKB)

Nervos Network (CKB) traded 0.6% lower against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on December 31st. One Nervos Network coin can currently be purchased for approximately $0.0024 or 0.00000003 BTC on major exchanges. Nervos Network has a market cap of $114.75 million and approximately $3.39 million worth of Nervos Network was traded on exchanges in the last 24 hours. Over the last week, Nervos Network has traded 1.9% higher against the U.S. dollar.

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

• Arweave (AR) traded down 0.5% against the dollar and now trades at $3.50 or 0.00003942 BTC.
• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $88,723.25 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.7% against the dollar and now trades at $0.12 or 0.00000138 BTC.
• Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $599.09 or 0.00675236 BTC.
• UNUS SED LEO (LEO) traded up 4.9% against the dollar and now trades at $9.22 or 0.00010392 BTC.
• Zcash (ZEC) traded 3.8% lower against the dollar and now trades at $514.94 or 0.00580394 BTC.
• Monero (XMR) traded 0.2% higher against the dollar and now trades at $434.81 or 0.00490079 BTC.
• Litecoin (LTC) traded up 0.2% against the dollar and now trades at $77.88 or 0.00087775 BTC.
• Ethereum Classic (ETC) traded 1.5% lower against the dollar and now trades at $11.79 or 0.00013285 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 48,685,934,725 coins and its circulating supply is 47,940,478,837 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 website is nervos.org. 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.

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 possible to buy alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to acquire Nervos Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Nervos Network using one of the aforementioned exchanges.

CKB/USD price chart by TradingView