Arcblock Achieves Market Capitalization of $209.33 Million (ABT)

Arcblock (ABT) traded 0.1% higher against the dollar during the one day period ending at 9:00 AM E.T. on April 18th. One Arcblock token can now be purchased for about $2.12 or 0.00003406 BTC on exchanges. Arcblock has a market cap of $209.33 million and approximately $2.60 million worth of Arcblock was traded on exchanges in the last 24 hours. In the last seven days, Arcblock has traded 19.7% lower against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.33 or 0.00000524 BTC.
  • 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.6% lower against the dollar and now trades at $0.0085 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Arcblock Profile

Arcblock’s genesis date was January 6th, 2018. Arcblock’s total supply is 186,000,000 tokens and its circulating supply is 98,554,305 tokens. Arcblock’s official Twitter account is @arcblock_io and its Facebook page is accessible here. The Reddit community for Arcblock is https://reddit.com/r/arcblock and the currency’s Github account can be viewed here. Arcblock’s official website is www.arcblock.io.

According to CryptoCompare, “The ArcBlock Token (ABT) is a general-purpose token native to the ArcBlock platform. The platform has its own optimized blockchain to achieve high-performance transactions, with a goal of >100,000 Tx/s. The ABT is primarily used to pay for the cost of using the ArcBlock system, similar to a utility token. Developers can pay transaction fees for their end-users, which improves the user experience. The ABT maps to ERC20 tokens 1:1, which simplifies token exchanges and allows developers to tie into the Ethereum community. However, the ABT may become obsolete as the platform matures and the community grows.”

Buying and Selling Arcblock

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

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