Nervos Network Trading 6.4% Higher This Week (CKB)

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

Here is how related cryptocurrencies have performed during 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 up 1.8% 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 1.4% higher against the dollar and now trades at $490.80 or 0.00441329 BTC.
• UNUS SED LEO (LEO) traded 0% higher 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 2.1% lower against the dollar and now trades at $329.54 or 0.00296322 BTC.
• Zcash (ZEC) traded up 12.2% against the dollar and now trades at $264.04 or 0.00237427 BTC.
• Ethereum Classic (ETC) traded 0.5% higher 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 Coin Profile

Nervos Network (CRYPTO:CKB) is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. It launched on 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. Nervos Network’s official website 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 possible to purchase alternative cryptocurrencies such as Nervos Network directly using U.S. dollars. Investors seeking to acquire Nervos Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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