💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
CKB is moving towards the $0.016 zone and even the $0.024 zone in the next few days. However, if it loses the $0.012 area, it will fall sharply to the $0.0095 area
📈RED PLAN 🔴Buy : 0.0117-0.0123$. SL if B
🔴Buy : 0.0156-0.0164$ if A. SL if B
📉BLUE PLAN 🔴Sell : 0.0156-0.0164$. SL if A
🔴Sell : 0.0234-0.02246$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.0117-0.0123$ if B. SL if A
🔵Buy : 0.0093-0.0097$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
The Nervos Network is an open-source public blockchain ecosystem and collection of protocols.
The Nervos CKB (Common Knowledge Base) is the layer 1, proof-of-work public blockchain protocol of the Nervos Network.
The CKByte token (CKB) is the network's native token and has the following use cases:
State storage on the network: CKB represents cell capacity in bytes, and they give owners the ability to occupy a piece of the blockchain's overall global state. For example, if a user owns 1,000 CKB, he/she can create a cell with 1,000 bytes in capacity, or multiple cells that add up to 1,000 bytes in capacity. He/she can then use the 1,000 bytes to store assets, application state, or other types of common knowledge.
Miner compensation: Miners are compensated with both block rewards and transaction fees in the form of CKB tokens.
Staking rewards: CKB holders can deposit and lock their native tokens into a special contract called the NervosDAO to earn staking rewards.
More information on CKB token economics can be found here.
As at January 26th 2021, the circulating supply of CKB is ~23.7 billion and the total supply of CKB is ~30.7 billion. See here for a chart representing the circulating and total supply of CKB.