Ark (ARK) Trading Down 4.1% This Week

Ark (ARK) traded 22% higher against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on November 5th. One Ark coin can currently be bought for $0.51 or 0.00000730 BTC on popular cryptocurrency exchanges. Ark has a market capitalization of $93.47 million and $112.65 million worth of Ark was traded on exchanges in the last day. During the last seven days, Ark has traded down 4.1% against the U.S. dollar.

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

• TRON (TRX) traded 1.6% lower against the dollar and now trades at $0.16 or 0.00000231 BTC.
• BitTorrent-New (BTT) traded up 1.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded up 4% against the dollar and now trades at $0.42 or 0.00000611 BTC.
• Tezos (XTZ) traded 3.9% higher against the dollar and now trades at $0.61 or 0.00000881 BTC.
• Terra Classic (LUNC) traded up 4.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 2.9% against the dollar and now trades at $0.33 or 0.00000476 BTC.
• Terra (LUNA) traded 5.3% higher against the dollar and now trades at $0.31 or 0.00000449 BTC.
• Lisk (LSK) traded up 4.1% against the dollar and now trades at $0.75 or 0.00001082 BTC.
• USDX [Kava] (USDX) traded 0.7% higher against the dollar and now trades at $0.56 or 0.00000802 BTC.

Ark Coin Profile

Ark (ARK) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It was first traded on June 8th, 2016. Ark’s total supply is 184,560,022 coins and its circulating supply is 184,559,600 coins. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed here. Ark’s official message board is arkscic.com/blog. Ark’s official Twitter account is @arkecosystem and its Facebook page is accessible here. Ark’s official website is ark.io.

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

ARK/USD price chart by TradingView