Ark Price Tops $0.61 (ARK)

Ark (ARK) traded 23.4% higher against the US dollar during the 1-day period ending at 9:00 AM E.T. on October 16th. One Ark coin can now be bought for $0.61 or 0.00000902 BTC on popular cryptocurrency exchanges. In the last week, Ark has traded 40.6% higher against the US dollar. Ark has a total market cap of $112.63 million and approximately $236.67 million worth of Ark was traded on exchanges in the last 24 hours.

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

• TRON (TRX) traded up 0.8% against the dollar and now trades at $0.16 or 0.00000235 BTC.
• EOS (EOS) traded up 1% against the dollar and now trades at $0.49 or 0.00000724 BTC.
• BitTorrent-New (BTT) traded up 0.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded 0.2% lower against the dollar and now trades at $0.70 or 0.00001026 BTC.
• Terra Classic (LUNC) traded 0.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1% higher against the dollar and now trades at $0.38 or 0.00000565 BTC.
• Terra (LUNA) traded 0.7% lower against the dollar and now trades at $0.37 or 0.00000539 BTC.
• Lisk (LSK) traded 2% lower against the dollar and now trades at $0.84 or 0.00001241 BTC.
• USDX [Kava] (USDX) traded 4.8% higher against the dollar and now trades at $0.67 or 0.00000994 BTC.

About 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 184,119,046 coins and its circulating supply is 184,119,072 coins. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed here. The official website for Ark is ark.io. The official message board for Ark is arkscic.com/blog. 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 currently 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, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ark using one of the exchanges listed above.

ARK/USD price chart by TradingView