Arcblock (ABT) Hits Market Capitalization of $169.81 Million

Arcblock (ABT) traded 5.8% lower against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on August 1st. Arcblock has a market cap of $169.81 million and $1.36 million worth of Arcblock was traded on exchanges in the last day. One Arcblock token can currently be bought for approximately $1.72 or 0.00002742 BTC on major cryptocurrency exchanges. In the last week, Arcblock has traded down 3.7% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 3.7% against the dollar and now trades at $0.17 or 0.00000269 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0% against the dollar and now trades at $0.0127 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

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

ABT/USD price chart by TradingView