Ark (ARK) Price Hits $0.50 on Major Exchanges

Ark (ARK) traded down 4.7% against the US dollar during the 1 day period ending at 17:00 PM Eastern on October 26th. One Ark coin can currently be purchased for about $0.50 or 0.00000744 BTC on major cryptocurrency exchanges. Ark has a total market capitalization of $92.16 million and $25.70 million worth of Ark was traded on exchanges in the last day. Over the last week, Ark has traded 15.6% lower against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• TRON (TRX) traded 0.2% higher against the dollar and now trades at $0.16 or 0.00000245 BTC.
• BitTorrent-New (BTT) traded 0.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded down 3.7% against the dollar and now trades at $0.44 or 0.00000662 BTC.
• Tezos (XTZ) traded down 3.3% against the dollar and now trades at $0.63 or 0.00000941 BTC.
• Terra Classic (LUNC) traded down 5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded down 1.7% against the dollar and now trades at $0.35 or 0.00000521 BTC.
• Terra (LUNA) traded down 6.2% against the dollar and now trades at $0.33 or 0.00000494 BTC.
• Lisk (LSK) traded 2.9% lower against the dollar and now trades at $0.76 or 0.00001137 BTC.
• USDX [Kava] (USDX) traded 2.3% lower against the dollar and now trades at $0.59 or 0.00000875 BTC.

About 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 184,342,288 coins and its circulating supply is 184,341,860 coins. The official website for Ark is ark.io. Ark’s official Twitter account is @arkecosystem and its Facebook page is accessible here. The official message board for Ark is arkscic.com/blog. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed 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.”

Ark Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Ark directly using US dollars. Investors seeking to trade Ark should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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