Ark Trading Down 7.4% This Week (ARK)

Ark (ARK) traded 4.5% lower against the dollar during the 1-day period ending at 10:00 AM Eastern on January 1st. One Ark coin can now be bought for $0.50 or 0.00000535 BTC on major cryptocurrency exchanges. Over the last seven days, Ark has traded 7.4% lower against the dollar. Ark has a market capitalization of $93.35 million and approximately $18.19 million worth of Ark was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• TRON (TRX) traded 1.1% lower against the dollar and now trades at $0.25 or 0.00000270 BTC.
• Tezos (XTZ) traded down 1.6% against the dollar and now trades at $1.31 or 0.00001398 BTC.
• EOS (EOS) traded 1.4% lower against the dollar and now trades at $0.78 or 0.00000831 BTC.
• BitTorrent-New (BTT) traded 2.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Terra Classic (LUNC) traded down 1.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.6% lower against the dollar and now trades at $0.44 or 0.00000469 BTC.
• Terra (LUNA) traded down 2.4% against the dollar and now trades at $0.42 or 0.00000444 BTC.
• Lisk (LSK) traded down 3.3% against the dollar and now trades at $0.90 or 0.00000961 BTC.
• USDX [Kava] (USDX) traded 2% lower against the dollar and now trades at $0.67 or 0.00000708 BTC.

Ark Profile

Ark (ARK) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 8th, 2016. Ark’s total supply is 185,782,014 coins and its circulating supply is 185,782,044 coins. The official website for Ark is ark.io. Ark’s official Twitter account is @arkecosystem and its Facebook page is accessible here. The official message board for Ark is arkscic.com/blog. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed here.

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.”

Ark Coin Trading

It is usually not presently 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 Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ark using one of the aforementioned exchanges.

ARK/USD price chart by TradingView