Nervos Network Trading 26.6% Higher This Week (CKB)

Nervos Network (CKB) traded 1.9% higher against the U.S. dollar during the twenty-four hour period ending at 18:00 PM Eastern on March 18th. One Nervos Network coin can now be bought for about $0.0045 or 0.00000016 BTC on popular cryptocurrency exchanges. In the last week, Nervos Network has traded up 26.6% against the U.S. dollar. Nervos Network has a total market cap of $179.71 million and $10.56 million worth of Nervos Network was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $27,259.24 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.8% lower against the dollar and now trades at $0.0748 or 0.00000274 BTC.
• Litecoin (LTC) traded 0.6% higher against the dollar and now trades at $84.57 or 0.00310260 BTC.
• UNUS SED LEO (LEO) traded down 2.8% against the dollar and now trades at $3.37 or 0.00012362 BTC.
• Ethereum Classic (ETC) traded 8.3% higher against the dollar and now trades at $21.50 or 0.00078878 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $152.82 or 0.00560604 BTC.
• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $133.33 or 0.00489128 BTC.
• DEI (DEI) traded 1.7% higher against the dollar and now trades at $0.20 or 0.00000727 BTC.
• Conflux (CFX) traded 8% higher against the dollar and now trades at $0.39 or 0.00001424 BTC.
• Pax Dollar (USDP) traded down 0.3% against the dollar and now trades at $0.99 or 0.00003649 BTC.

Nervos Network Profile

CKB is a proof-of-work (PoW) coin that uses the Eaglesong hashing algorithm. Its genesis date was November 15th, 2019. Nervos Network’s total supply is 40,576,941,401 coins and its circulating supply is 40,045,928,259 coins. The official message board for Nervos Network is medium.com/nervosnetwork. 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. The official website for Nervos Network 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 presently possible to buy alternative cryptocurrencies such as Nervos Network directly using US dollars. Investors seeking to trade Nervos Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Nervos Network using one of the exchanges listed above.

CKB/USD price chart by TradingView