ssv.network (SSV) Price Hits $19.22 on Major Exchanges

ssv.network (SSV) traded 4.3% lower against the dollar during the 1-day period ending at 7:00 AM Eastern on January 25th. One ssv.network token can now be bought for about $19.22 or 0.00018371 BTC on major cryptocurrency exchanges. ssv.network has a total market capitalization of $227.13 million and approximately $26.32 million worth of ssv.network was traded on exchanges in the last day. Over the last week, ssv.network has traded 2.7% lower against the dollar.

Here is how related cryptocurrencies have performed over 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $104,359.99 or 0.99730707 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.6% against the dollar and now trades at $103,827.79 or 0.99222112 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 launched on August 31st, 2021. ssv.network’s total supply is 11,921,484 tokens and its circulating supply is 11,815,203 tokens. ssv.network’s official Twitter account is @ssv_network. The official message board for ssv.network is ssv.network/blog. 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 website 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 currently 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ssv.network using one of the aforementioned exchanges.

SSV/USD price chart by TradingView