ssv.network Self Reported Market Cap Hits $185.54 Million (SSV)

ssv.network (SSV) traded 4.6% lower against the US dollar during the 24 hour period ending at 22:00 PM Eastern on November 4th. One ssv.network token can now be purchased for approximately $16.05 or 0.00023589 BTC on major cryptocurrency exchanges. ssv.network has a total market cap of $185.54 million and $16.07 million worth of ssv.network was traded on exchanges in the last 24 hours. Over the last seven days, ssv.network has traded 21.1% lower against the US dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 2.2% lower 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.6% lower against the dollar and now trades at $67,939.20 or 0.99834479 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.9% against the dollar and now trades at $67,857.27 or 0.99714078 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Profile

ssv.network launched on August 31st, 2021. ssv.network’s total supply is 11,838,486 tokens and its circulating supply is 11,558,205 tokens. ssv.network’s official message board is ssv.network/blog. The official website for ssv.network is ssv.network. ssv.network’s official Twitter account 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 buy alternative cryptocurrencies such as ssv.network directly using US dollars. Investors seeking to trade ssv.network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ssv.network using one of the aforementioned exchanges.

SSV/USD price chart by TradingView