Are you looking for an innovative solution to build universally-acclaimed decentralized apps (dApps)?
Do you insist that the platform should have high scalability and interoperability? Then Nervos Network is the platform you were searching for.
Keep on reading this article to know more about Nervos Network, its features, and its price prediction for 2024-2030.
Nervos Network is built on the RISC-V architecture and it has the safety features of Proof-of-Work standards.
The key features of Nervos Network that set it apart from other apps are listed below.
- Decentralized and secure network:
Nervos Network is a decentralized protocol. The major decision-making power lies with the users and not a centralized authority.The network is also highly secure as it is built based on Proof-of-Work standards.
- Flexibility and Interoperability: Nervos is known for its interoperability; users can conduct interoperations on different side chains and layer-2 blockchain networks.
- Modular Architecture: The modular architecture of Nervos allows millions of transactions per second while ensuring security.
What Is A CKB Token?
CKB is the native token of Nervos Network. CRB tokens are essential for anyone to conduct transactions on Nervos Network.
Moreover, CKB holders are the only authorized people to vote for any changes in the platform. The voting is limited to only the token holders to prevent any fraudulent activities within the platform.
You now read about the important figures showing the current market conditions of CKB tokens.
Current Market Price: $0.1744
Market Capitalization: $768,307,193
Fully Diluted Valuation: $780,161,600
24 Hour Trading Volume: $43,492,186
Circulating Supply: 44,115,286,757
Total Supply: 44,795,952,686
Nervos Network (CKB) Price Prediction 2024-2030
The current market price of the CKB token is $0.1744. The short-term price prediction CKB, as per the market analysis, is given in the below table.
| Year | Yearly Average | Yearly Low | Yearly High |
| May 2024 | $0.022 | $0.02 | $0.023 |
| June 2024 | $0.026 | $0.024 | $0.027 |
| July 2024 | $0.027 | $0.025 | $0.029 |
| August 2024 | $0.029 | $0.027 | $0.031 |
| September 2024 | $0.03 | $0.028 | $0.033 |
| October 2024 | $0.032 | $0.03 | $0.034 |
| November 2024 | $0.034 | $0.031 | $0.036 |
| December 2024 | $0.035 | $0.033 | $0.038 |
The long-term price prediction for 2024-2030 is given below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.029 | $0.037 | $0.044 |
| 2025 | $0.06 | $0.076 | $0.091 |
| 2026 | $0.12 | $0.15 | $0.18 |
| 2027 | $0.25 | $0.31 | $0.38 |
| 2028 | $0.52 | $0.65 | $0.78 |
| 2029 | $1.07 | $1.34 | $1.61 |
| 2030 | $2.20 | $2.75 | $3.30 |
The market sentiment prediction of CKB shows strong bearish sentiments with 16 technical analysis indicators showing bearish trends and 13 technical analysis indicators showing bullish trends.
The 50-day SMA and the 200-day SMA are $0.020759 and $0.009829, respectively.
CKB Token: Where and How to Buy it?
Some of the main exchanges that list CKB for trade are as follows:
- Uphold
- KuCoin
- Binance
- HTXGlobal
- Wazir X
Now we will talk about how to buy CKB tokens. Follow these simple steps to buy CKB.
- Compare the different crypto exchanges where CKB is listed and select the one that suits you the most.
- Create an account in it after providing the requisite details for verification.
- Use a secure payment method such as a crypto wallet, credit or debit card, or wire transfer.
- After the payment has been completed, the purchased CKB tokens will be available on your account.
- You can now use the tokens for trade.
- Make sure that you store the coins in a cold wallet so that they are out of any security threats.
Is CKB a Profitable Investment?
The market sentiments signal high bearish sentiments for CKB. The token has 55% bearish sentiments. So it is clear that investing in CKB is not a wise decision now.
Cryptocurrencies are highly volatile in nature. So, if you are contemplating investing in CKB, thoroughly research and analyze the market trends before investing.
