ssv.network (SSV) Reaches Self Reported Market Capitalization of $53.92 Million

ssv.network (SSV) traded down 2.4% against the U.S. dollar during the 24 hour period ending at 9:00 AM ET on November 29th. One ssv.network token can now be bought for $3.69 or 0.00004069 BTC on major exchanges. Over the last seven days, ssv.network has traded up 0.5% against the U.S. dollar. ssv.network has a market capitalization of $53.92 million and approximately $9.55 million worth of ssv.network was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.9% lower against the dollar and now trades at $90,526.03 or 0.99730808 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

ssv.network Token Profile

ssv.network was first traded on August 31st, 2021. ssv.network’s total supply is 14,699,173 tokens and its circulating supply is 14,599,173 tokens. 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. ssv.network’s official message board is ssv.network/blog. ssv.network’s official website is ssv.network.

According to CryptoCompare, “Secret Shared Validators (SSV) is a secure and robust way to split a validator key for ETH staking between non-trusting nodes, or operators. A unique protocol that enables the distributed control and operation of an Ethereum validator. The key is split in such a way that no operator must trust the other to operate, a certain amount can go offline without affecting network performance, and no operator can take unilateral control of the network. The result is decentralization, fault tolerance, and optimal security for staking on EthereumSSV was first discussed in 2019 by Ethereum Foundation (EF) researchers Aditya Asgaonkar and Carl Beekhuizen in a theoretical paper focused on mechanisms to protect against potential modes of validator failure. Over the next year, the research group formed to include contributions from EF researcher Dankrad Feist, Collin Myers from Consensus, and Mara Schmiedt from Coinbase. In 2020, Blox Staking joined forces with the project team and a staking community grant was awarded from the EF to develop the first audited implementation of a SSV configuration. Development efforts are led internally by Blox Staking, with many contributions from the community and open public testnets.”

ssv.network Token Trading

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

SSV/USD price chart by TradingView