Arcblock Reaches Market Capitalization of $163.36 Million (ABT)

Arcblock (ABT) traded 9.6% higher against the US dollar during the 1-day period ending at 23:00 PM E.T. on October 17th. Arcblock has a market cap of $163.36 million and $3.80 million worth of Arcblock was traded on exchanges in the last 24 hours. One Arcblock token can now be purchased for $1.66 or 0.00002440 BTC on popular exchanges. In the last seven days, Arcblock has traded up 15.7% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 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.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 0.1% higher against the dollar and now trades at $170.13 or 0.00250399 BTC.

Arcblock Token Profile

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. Arcblock’s official website 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.”

Buying and Selling Arcblock

It is usually not possible to buy alternative cryptocurrencies such as Arcblock directly using US dollars. Investors seeking to acquire Arcblock should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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