ssv.network (SSV) Hits Self Reported Market Capitalization of $327.38 Million

ssv.network (SSV) traded down 5.3% against the U.S. dollar during the 1-day period ending at 20:00 PM Eastern on July 25th. During the last week, ssv.network has traded 15.6% lower against the U.S. dollar. One ssv.network token can currently be purchased for about $29.56 or 0.00044776 BTC on popular exchanges. ssv.network has a total market capitalization of $327.38 million and $24.57 million worth of ssv.network was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded down 2.5% against the dollar and now trades at $0.18 or 0.00000280 BTC.
• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 1.6% higher against the dollar and now trades at $0.0132 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Token Profile

ssv.network’s genesis date was August 31st, 2021. ssv.network’s total supply is 11,012,871 tokens and its circulating supply is 11,076,871 tokens. ssv.network’s official website is ssv.network. ssv.network’s official Twitter account is @ssv_network. ssv.network’s official message board is medium.com/bloxstaking. 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.”

ssv.network Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as ssv.network directly using US dollars. Investors seeking to acquire ssv.network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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