ssv.network Reaches Self Reported Market Cap of $32.87 Million (SSV)

ssv.network (SSV) traded down 0.5% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on August 12th. During the last week, ssv.network has traded 6.9% lower against the U.S. dollar. One ssv.network token can currently be purchased for about $2.07 or 0.00003240 BTC on cryptocurrency exchanges. ssv.network has a total market cap of $32.87 million and $420.60 thousand worth of ssv.network was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during 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 down 2.2% 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.
• UZDT (UZDT) traded down 0% against the dollar and now trades at $1.00 or 0.00001562 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 0.5% against the dollar and now trades at $63,817.81 or 0.99693742 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 launched on August 31st, 2021. ssv.network’s total supply is 17,361,674 tokens and its circulating supply is 15,849,706 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 website is ssv.network. ssv.network’s official message board is ssv.network/blog.

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. Discord, Medium, Youtube, GithubWhitepaper”

Buying and Selling ssv.network

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