ssv.network (SSV) Price Down 18% This Week

ssv.network (SSV) traded 1.2% lower against the dollar during the twenty-four hour period ending at 0:00 AM E.T. on October 27th. ssv.network has a market cap of $226.20 million and approximately $14.10 million worth of ssv.network was traded on exchanges in the last day. One ssv.network token can currently be purchased for approximately $19.54 or 0.00028870 BTC on popular exchanges. During the last week, ssv.network has traded 18% lower against the dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower 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.
• SolvBTC (SOLVBTC) traded 0.8% higher against the dollar and now trades at $67,677.39 or 0.99999881 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.9% higher against the dollar and now trades at $67,602.57 or 0.99889324 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Token Profile

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

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.”

ssv.network Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as ssv.network directly using US dollars. Investors seeking to trade ssv.network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ssv.network using one of the exchanges listed above.

SSV/USD price chart by TradingView