ssv.network Self Reported Market Capitalization Achieves $223.75 Million (SSV)

ssv.network (SSV) traded down 9.4% against the US dollar during the one day period ending at 22:00 PM Eastern on October 25th. One ssv.network token can now be bought for approximately $19.33 or 0.00029007 BTC on major cryptocurrency exchanges. During the last week, ssv.network has traded down 11.3% against the US dollar. ssv.network has a market cap of $223.75 million and $24.85 million worth of ssv.network was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 3% lower against the dollar and now trades at $157.78 or 0.00236809 BTC.

About ssv.network

ssv.network was first traded on August 31st, 2021. ssv.network’s total supply is 11,638,486 tokens and its circulating supply is 11,576,871 tokens. ssv.network’s official Twitter account is @ssv_network. ssv.network’s official message board is ssv.network/blog. ssv.network’s official website is ssv.network. The Reddit community for ssv.network is https://reddit.com/r/ssvnetwork/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “ssv.network (SSV) is a unique protocol that decentralizes and secures the operation of Ethereum validators by distributing an encrypted validator private key across different non-trusting nodes. Conceived by Ethereum Foundation researchers and later developed by Blox Staking, this protocol ensures that network performance isn’t affected even if a portion of nodes goes offline.
The native token of the ssv.network, $SSV, is used as a payment method within the network. Stakers use these tokens to pay fees to the operators they choose to manage their validators and to the DAO for network access. The payment structure facilitates a competitive ‘free market’ environment amongst staking providers and incentivizes stakers to maintain a minimum balance of $SSV as collateral, ensuring network solvency. It enhances security and reliability for stakers and promotes transparency and competition among operators.”

Buying and Selling ssv.network

It is usually not currently possible to purchase alternative cryptocurrencies such as ssv.network directly using U.S. dollars. Investors seeking to acquire ssv.network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ssv.network using one of the aforementioned exchanges.

SSV/USD price chart by TradingView