Ark (ARK) Price Down 31.9% This Week

Ark (ARK) traded 18.5% lower against the dollar during the 24 hour period ending at 22:00 PM ET on August 4th. One Ark coin can currently be purchased for $0.27 or 0.00000496 BTC on exchanges. Ark has a total market cap of $48.85 million and $13.28 million worth of Ark was traded on exchanges in the last day. During the last seven days, Ark has traded down 31.9% against the dollar.

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

• TRON (TRX) traded 2.5% lower against the dollar and now trades at $0.12 or 0.00000227 BTC.
• EOS (EOS) traded 14.5% lower against the dollar and now trades at $0.43 or 0.00000790 BTC.
• BitTorrent-New (BTT) traded down 11% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 12.5% against the dollar and now trades at $0.60 or 0.00001111 BTC.
• Terra Classic (LUNC) traded 15% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 19.7% against the dollar and now trades at $0.33 or 0.00000613 BTC.
• Terra (LUNA) traded 17% lower against the dollar and now trades at $0.28 or 0.00000512 BTC.
• Lisk (LSK) traded down 12.3% against the dollar and now trades at $0.72 or 0.00001339 BTC.
• USDX [Kava] (USDX) traded down 1% against the dollar and now trades at $0.80 or 0.00001475 BTC.

About Ark

Ark (CRYPTO:ARK) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 8th, 2016. Ark’s total supply is 182,581,774 coins and its circulating supply is 182,580,914 coins. The official website for Ark is ark.io. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed here. Ark’s official Twitter account is @arkecosystem and its Facebook page is accessible here. The official message board for Ark is arkscic.com/blog.

According to CryptoCompare, “ARK is a cryptocurrency token of the ARK Public Network (APN), a blockchain platform that empowers developers and users by providing tools to create and deploy blockchains. ARK tokens are used for transaction fees, voting in the Delegated Proof-of-Stake (DPoS) consensus mechanism, and staking to earn passive rewards. The project was launched in 2016 by a group of 27 individuals from diverse backgrounds.”

Buying and Selling Ark

It is usually not possible to purchase alternative cryptocurrencies such as Ark directly using U.S. dollars. Investors seeking to acquire Ark should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ark using one of the exchanges listed above.

ARK/USD price chart by TradingView