Nervos Network Hits Market Cap of $658.45 Million (CKB)

Nervos Network (CKB) traded 2.2% lower against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on October 17th. One Nervos Network coin can now be purchased for $0.0146 or 0.00000022 BTC on popular exchanges. In the last seven days, Nervos Network has traded 1.7% higher against the U.S. dollar. Nervos Network has a total market capitalization of $658.45 million and approximately $26.11 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 0.7% against the dollar and now trades at $67,152.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.2% lower against the dollar and now trades at $0.12 or 0.00000181 BTC.
• Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $364.03 or 0.00542074 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $6.10 or 0.00009081 BTC.
• Litecoin (LTC) traded up 1.9% against the dollar and now trades at $71.46 or 0.00106414 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $156.22 or 0.00232634 BTC.
• Ethereum Classic (ETC) traded 2.7% lower against the dollar and now trades at $18.87 or 0.00028106 BTC.
• Arweave (AR) traded down 3% against the dollar and now trades at $18.56 or 0.00027635 BTC.
• Bitcoin SV (BSV) traded down 1.9% against the dollar and now trades at $49.96 or 0.00074401 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Nervos Network Profile

Nervos Network (CRYPTO:CKB) 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 45,768,559,033 coins and its circulating supply is 45,074,801,311 coins. Nervos Network’s official Twitter account is @nervosnetwork and its Facebook page is accessible here. The official message board for Nervos Network 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, “Nervos Network is a public blockchain ecosystem with the Common Knowledge Base (CKB) as its foundational layer. The CKByte (CKB) token is used for state storage, resource management, and network incentives within the CKB blockchain. The Nervos Network was developed by a team of blockchain experts, including Jan Xie.”

Nervos Network Coin Trading

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

CKB/USD price chart by TradingView