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Nervos Network (CKB) has seen a sharp surge in its price, rising by over 140% in September, largely driven by its listing on South Korea's Upbit exchange. However, despite its strong upward momentum, signs indicate that the bullish trend may be losing steam.
CKB is the most flexible and interoperable blockchain. It serves as the ultimate foundation of Nervos, a modular blockchain network built from the ground up to ensure outstanding security, decentralization, flexibility, and interoperability.
As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.
In this bearish market sentiment, Nervous Network (CKB) is gaining significant attention from investors and traders due to its impressive performance and substantial whale activity. In recent days, while other major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have struggled to gain momentum, Nervos's CKB has skyrocketed by 100%.
Nervos Network (CKB) extended its rally, despite losing the Upbit premium. CKB peaked at $0.02, potentially expecting renewed price discovery after Upbit took up 64% of the token's volumes.
The Nervos Network saw an explosive increase in trading activity. The trading volume for CKB jumped dramatically from $5.94 million to an astonishing $264 million within just one day.
Long-term Nervos Network investors can be confident of another rally, but short-term volatility was a threat
In the fast-moving world of cryptocurrency, where innovation is the name of the game, whales , those big-time investors who hold vast amounts of crypto — are always on the hunt for the next big opportunity.
As the broader market recovery takes a minor pause, an entry opportunity arises in the top-performing altcoins for missed-out traders. With Bitcoin back to $58,500, these altcoins are ready to coil up trend momentum for a massive upside wave.
As the global crypto market cap crosses $2.10 Trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. Moreover, with a jump of 10.63% over the past week, it is currently valued at $60,226.36. Following this, altcoins have recorded a massive uptrend in their respective valuation.
Nervos Network (CKB) had an impressive run on Friday, September 13, hitting $0.018—its highest price since June 7. This surge made it one of the top-performing cryptocurrencies of the day!
Nervos Network's CKB token outshines the competition, spiking 70% while the broader crypto market remains flat.
The Nervos Network token was one of the best-performing cryptocurrencies on Friday, Sept. 13, as it surged to a high of $0.018, its highest level since June 7.
Upbit has listed various altcoins this year, attempting to boost the trading volume on its exchange platform.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $64,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,200 mark this morning.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $63,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the key $3,000 mark this morning.
Binance Pool has recently announced the launch of the Nervos Network (CKB) mining service, offering users the opportunity to mine CKB with zero pool fees during the promotion period. Find out how to get started and take advantage of this exciting opportunity.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $63,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,100 mark this morning.
Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising questions about the factors behind its surge.
Nervos is a layered crypto-economy network. Nervous separates the infrastructure of a crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation layer (layer 2) for high-performance transactions and privacy protection.
With the anticipations of a bull run in the crypto market in April, certain altcoins are coming closer to their all-time high levels. Further, with the high potential of a new bull run to set new peaks, investors and whales are on the lookout for these altcoins.
Cryptocurrency prices drifted upwards during the weekend as the Grayscale Bitcoin Trust (GBTC) liquidations continued. They also retreated after the federal government transferred $2 billion worth of Silk Road coins to Coinbase. Bitcoin retreated to a low of $65,000 while the market cap of all coins dropped to $2.5 trillion.
With Bitcoin price crossing and thriving above the psychological mark of $50,000, the markets are flourishing this February. Further, the bulls are in total control with the growing anticipation of Bitcoin Halving in the next 61 days, the rising interest of institutional investors, and the altcoin season blossoming.
The native token of the Nervous Network, CKB, has recorded impressive gains while traders are betting against the asset's price surge. CKB is up by 64% in the past 24 hours and is trading at $0.
