Nervos Network (CKB) Trading Down 17.2% Over Last 7 Days

Nervos Network (CKB) traded 12% lower against the U.S. dollar during the twenty-four hour period ending at 7:00 AM E.T. on November 21st. One Nervos Network coin can now be bought for $0.0025 or 0.00000003 BTC on major exchanges. Nervos Network has a market cap of $117.91 million and $11.09 million worth of Nervos Network was traded on exchanges in the last 24 hours. During the last seven days, Nervos Network has traded down 17.2% against the U.S. dollar.

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

• Arweave (AR) traded 13.7% lower against the dollar and now trades at $3.64 or 0.00004424 BTC.
• Bitcoin (BTC) traded 11.2% lower against the dollar and now trades at $82,070.66 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 13% against the dollar and now trades at $0.14 or 0.00000167 BTC.
• Zcash (ZEC) traded down 8.2% against the dollar and now trades at $618.88 or 0.00751747 BTC.
• Bitcoin Cash (BCH) traded 9.2% lower against the dollar and now trades at $458.06 or 0.00556400 BTC.
• UNUS SED LEO (LEO) traded down 2.9% against the dollar and now trades at $9.17 or 0.00011133 BTC.
• Litecoin (LTC) traded 11.1% lower against the dollar and now trades at $82.17 or 0.00099813 BTC.
• Monero (XMR) traded down 11.1% against the dollar and now trades at $328.25 or 0.00398724 BTC.
• Ethereum Classic (ETC) traded down 8.3% against the dollar and now trades at $13.08 or 0.00015890 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 (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 48,448,269,660 coins and its circulating supply is 47,683,626,534 coins. The official message board for Nervos Network is medium.com/nervosnetwork. Nervos Network’s official website is nervos.org. 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.

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.”

Nervos Network Coin Trading

It is usually not presently 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Nervos Network using one of the exchanges listed above.

CKB/USD price chart by TradingView