The post Breaking News: Nervos Network (CKB) Price Surges Over 40% in 24 Hours appeared on BitcoinEthereumNews.com.

The Nervos Network (CKB) saw a huge jump in its price on Friday, September 13, reaching $0.018—the highest it’s been since June 7. This impressive surge made CKB one of the best-performing cryptocurrencies of the day, catching the attention of investors and traders alike. Let’s take a closer look at what might be driving this rapid rise in this Nervos Network price prediction article. How has the Nervos Network (CKB) Price Moved Recently? CKB/USD Daily Chart- TradingView  The current price of Nervos Network (CKB) is $0.014187, with a 24-hour trading volume of $2.59 billion. Its market cap stands at $627.58 million, giving it a market dominance of 0.03%. In the past 24 hours, the CKB price has risen by 38.83%. Nervos Network hit its all-time high of $0.043906 on March 31, 2021, and its lowest price was recorded on December 22, 2022, at $0.002222. Since its all-time high, the lowest price point has been $0.002222, while the highest since then was $0.037207. The price outlook for CKB remains positive, with a bullish sentiment, and the Fear & Greed Index currently sits at a neutral score of 50. There are 44.24 billion CKB tokens in circulation, with a yearly inflation rate of 4.84%, meaning 2.04 billion new CKB were created over the past year. Why is the Nervos Network (CKB) Price Rising? The recent surge in Nervos Network (CKB) price can largely be attributed to its listing on the popular South Korean exchange Upbit. This listing has opened the doors for traders to buy CKB using U.S. dollars, South Korean won, or Tether (USDT), significantly increasing demand.  According to CoinMarketCap, South Korean traders were particularly active, pushing up the token’s value, with the CKB/KRW trading pair alone accounting for over $170 million in 24-hour trading volume. Binance followed closely with $122…

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Filed under: News - @ September 14, 2024 6:11 am