Arcblock Trading Down 14.9% Over Last 7 Days (ABT)

Arcblock (ABT) traded 6.6% lower against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on July 5th. One Arcblock token can now be bought for approximately $2.08 or 0.00003760 BTC on exchanges. Arcblock has a total market capitalization of $205.05 million and $8.16 million worth of Arcblock was traded on exchanges in the last day. During the last seven days, Arcblock has traded 14.9% lower against the dollar.

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

• KILT Protocol (KILT) traded down 2.2% against the dollar and now trades at $0.18 or 0.00000325 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 down 2.2% 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 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.
• 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 1.6% lower against the dollar and now trades at $0.0116 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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. 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.”

Arcblock Token Trading

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

ABT/USD price chart by TradingView