Arcblock Reaches Market Cap of $194.01 Million (ABT)

Arcblock (ABT) traded up 4.1% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on December 8th. One Arcblock token can currently be bought for approximately $1.97 or 0.00001970 BTC on popular cryptocurrency exchanges. Over the last week, Arcblock has traded 2.8% lower against the U.S. dollar. Arcblock has a market capitalization of $194.01 million and $2.23 million worth of Arcblock was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over 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 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 0.5% higher against the dollar and now trades at $99,829.86 or 0.99894415 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.4% higher against the dollar and now trades at $99,571.67 or 0.99636059 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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. The Reddit community for Arcblock is https://reddit.com/r/arcblock and the currency’s Github account can be viewed here. Arcblock’s official Twitter account is @arcblock_io and its Facebook page is accessible 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 purchase alternative cryptocurrencies such as Arcblock directly using US dollars. Investors seeking to trade Arcblock should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arcblock using one of the aforementioned exchanges.

ABT/USD price chart by TradingView