Arcblock Market Cap Tops $253.78 Million (ABT)

Arcblock (ABT) traded 9.5% higher against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on May 2nd. Arcblock has a market capitalization of $253.78 million and approximately $6.74 million worth of Arcblock was traded on exchanges in the last day. During the last seven days, Arcblock has traded up 20.3% against the U.S. dollar. One Arcblock token can currently be purchased for approximately $2.58 or 0.00004394 BTC on major exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 6.4% against the dollar and now trades at $0.30 or 0.00000512 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 3.4% higher against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Arcblock Profile

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

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 purchase alternative cryptocurrencies such as Arcblock directly using U.S. dollars. Investors seeking to trade Arcblock should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arcblock using one of the exchanges listed above.

ABT/USD price chart by TradingView