Ark Price Reaches $0.51 on Exchanges (ARK)

Ark (ARK) traded 0.2% higher against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on October 30th. Ark has a total market cap of $94.47 million and approximately $24.76 million worth of Ark was traded on exchanges in the last day. One Ark coin can now be bought for approximately $0.51 or 0.00000709 BTC on exchanges. In the last week, Ark has traded 7.1% lower against the US dollar.

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

• TRON (TRX) traded up 2% against the dollar and now trades at $0.17 or 0.00000232 BTC.
• BitTorrent-New (BTT) traded up 1.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded 0.3% higher against the dollar and now trades at $0.46 or 0.00000641 BTC.
• Tezos (XTZ) traded down 0.3% against the dollar and now trades at $0.67 or 0.00000923 BTC.
• Terra Classic (LUNC) traded 0.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 0.4% against the dollar and now trades at $0.36 or 0.00000500 BTC.
• Terra (LUNA) traded up 0.2% against the dollar and now trades at $0.35 or 0.00000481 BTC.
• Lisk (LSK) traded 1.6% higher against the dollar and now trades at $0.82 or 0.00001130 BTC.
• USDX [Kava] (USDX) traded up 1% against the dollar and now trades at $0.57 or 0.00000784 BTC.

Ark Profile

Ark (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 184,420,112 coins and its circulating supply is 184,419,236 coins. Ark’s official message board is arkscic.com/blog. Ark’s official website 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.

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 buy alternative cryptocurrencies such as Ark directly using US dollars. Investors seeking to trade Ark should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ark using one of the aforementioned exchanges.

ARK/USD price chart by TradingView