Nervos Network Breaks 1 Billion Dollar Market Cap

Cryptocurrency News and Public Mining Pools

Nervos Network Breaks 1 Billion Dollar Market Cap

Today, Nervos Network (CKB) returned to it's 3 cent value from a few months ago and is now a 1 billion market cap via CoinMarketCap.com: Nervos Network price today, CKB to USD live, marketcap and chart | CoinMarketCap

It has a lot of room to grow, but this is still a big accomplishment for this coin that many on this sub invest in! To note, this is the fully dilluted market cap, which counts the total coin supply, not the circulating supply.

CKB is still in the 120's in market cap, who knows where it could be in a month/year. More interestingly to me, the volume of trading the coin is up 1000% today; imagine if it was on Coinbase or Kraken!

To fill the character count, here's coinmarketcap's description of CKB: The Nervos Network describes itself as an open-source public blockchain ecosystem and collection of protocols. The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It reportedly allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. It aims to capture the total network value through its "store of value" crypto-economic design and native token, the CKByte.

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