Arcblock (ABT) Market Capitalization Reaches $136.60 Million

Arcblock (ABT) traded 6.6% lower against the dollar during the 24-hour period ending at 11:00 AM Eastern on November 18th. Arcblock has a market capitalization of $136.60 million and approximately $1.88 million worth of Arcblock was traded on exchanges in the last day. Over the last week, Arcblock has traded 5.8% lower against the dollar. One Arcblock token can now be bought for about $1.39 or 0.00001500 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over 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 up 1.5% against the dollar and now trades at $91,637.32 or 0.99196153 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.4% against the dollar and now trades at $90,747.42 or 0.98232855 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.

About Arcblock

Arcblock launched on January 6th, 2018. Arcblock’s total supply is 186,000,000 tokens and its circulating supply is 98,554,305 tokens. Arcblock’s official Twitter account is @arcblock_io and its Facebook page is accessible here. 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.

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 presently possible to purchase alternative cryptocurrencies such as Arcblock directly using U.S. dollars. Investors seeking to acquire Arcblock should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. 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