Arcblock Market Cap Tops $159.53 Million (ABT)

Arcblock (ABT) traded down 4.7% against the US dollar during the one day period ending at 10:00 AM Eastern on December 20th. One Arcblock token can now be purchased for approximately $1.62 or 0.00001667 BTC on popular exchanges. In the last week, Arcblock has traded down 7.3% against the US dollar. Arcblock has a market cap of $159.53 million and $3.00 million worth of Arcblock was traded on exchanges in the last day.

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

• 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 3.4% lower against the dollar and now trades at $96,439.12 or 0.99313284 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.8% lower against the dollar and now trades at $95,219.93 or 0.98057759 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Arcblock Token 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 Reddit community for Arcblock is https://reddit.com/r/arcblock and the currency’s Github account can be viewed here. The official website for Arcblock is www.arcblock.io. 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 US dollars. Investors seeking to trade Arcblock should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Arcblock using one of the aforementioned exchanges.

ABT/USD price chart by TradingView