Nervos Network (CKB) Trading Down 11.4% Over Last Week

Nervos Network (CKB) traded 0.7% higher against the US dollar during the 1 day period ending at 17:00 PM ET on April 24th. One Nervos Network coin can currently be bought for $0.0190 or 0.00000030 BTC on popular cryptocurrency exchanges. Nervos Network has a total market capitalization of $835.09 million and $100.59 million worth of Nervos Network was traded on exchanges in the last day. During the last seven days, Nervos Network has traded 11.4% lower against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 3.5% against the dollar and now trades at $64,006.68 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.1% against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 5.2% lower against the dollar and now trades at $482.20 or 0.00753351 BTC.
• Litecoin (LTC) traded 1.4% lower against the dollar and now trades at $84.02 or 0.00131274 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.75 or 0.00008985 BTC.
• Ethereum Classic (ETC) traded 5.4% lower against the dollar and now trades at $26.74 or 0.00041774 BTC.
• Monero (XMR) traded 3% lower against the dollar and now trades at $119.04 or 0.00185985 BTC.
• Arweave (AR) traded 2.2% lower against the dollar and now trades at $33.21 or 0.00051892 BTC.
• Bitcoin SV (BSV) traded 4.6% lower against the dollar and now trades at $68.71 or 0.00107350 BTC.
• eCash (XEC) traded down 5.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Nervos Network Coin Profile

Nervos Network (CRYPTO: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 44,708,433,495 coins and its circulating supply is 44,023,536,179 coins. The official message board for Nervos Network is medium.com/nervosnetwork. The official website for Nervos Network is nervos.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to acquire Nervos Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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