Arcblock (ABT) Trading 29.2% Lower This Week

Arcblock (ABT) traded down 10.6% against the dollar during the one day period ending at 16:00 PM Eastern on August 3rd. One Arcblock token can now be bought for about $1.44 or 0.00002371 BTC on exchanges. Arcblock has a market cap of $141.62 million and approximately $2.60 million worth of Arcblock was traded on exchanges in the last day. In the last seven days, Arcblock has traded down 29.2% against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• 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 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.
• Lumi Credits (LUMI) traded down 1.4% against the dollar and now trades at $0.0123 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 18.1% against the dollar and now trades at $0.0822 or 0.00000136 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. Arcblock’s official Twitter account is @arcblock_io and its Facebook page is accessible here. Arcblock’s official website 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.

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 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 Coinbase, Changelly 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