ssv.network (SSV) Achieves Self Reported Market Capitalization of $221.69 Million

ssv.network (SSV) traded down 9.4% against the dollar during the 1-day period ending at 16:00 PM ET on October 31st. One ssv.network token can currently be bought for approximately $19.19 or 0.00027368 BTC on major cryptocurrency exchanges. In the last seven days, ssv.network has traded down 11.2% against the dollar. ssv.network has a market capitalization of $221.69 million and approximately $16.92 million worth of ssv.network was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in 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 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.
• 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.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.4% against the dollar and now trades at $70,309.54 or 1.00297302 BTC.
• SolvBTC (SOLVBTC) traded down 2.6% against the dollar and now trades at $70,188.89 or 1.00125194 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About ssv.network

ssv.network’s genesis date was August 31st, 2021. ssv.network’s total supply is 11,838,486 tokens and its circulating supply is 11,555,118 tokens. 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. ssv.network’s official Twitter account is @ssv_network.

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 presently possible to buy alternative cryptocurrencies such as ssv.network directly using US dollars. Investors seeking to acquire ssv.network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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