Arcblock (ABT) Achieves Market Capitalization of $156.28 Million

Arcblock (ABT) traded 2.9% higher against the U.S. dollar during the 1 day period ending at 18:00 PM ET on October 28th. One Arcblock token can currently be bought for approximately $1.59 or 0.00002274 BTC on cryptocurrency exchanges. In the last seven days, Arcblock has traded up 3.5% against the U.S. dollar. Arcblock has a market capitalization of $156.28 million and $2.05 million worth of Arcblock was traded on exchanges in the last 24 hours.

Here’s 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 down 2.2% 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.5% higher against the dollar and now trades at $69,481.15 or 0.99654379 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.1% against the dollar and now trades at $69,225.00 or 0.99286989 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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. The official website for Arcblock 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 currently possible to buy alternative cryptocurrencies such as Arcblock directly using US dollars. Investors seeking to acquire Arcblock should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Arcblock using one of the aforementioned exchanges.

ABT/USD price chart by TradingView