Arcblock (ABT) Price Down 4% This Week

Arcblock (ABT) traded 2.9% lower against the dollar during the 1 day period ending at 17:00 PM ET on October 27th. One Arcblock token can now be bought for about $1.55 or 0.00002281 BTC on cryptocurrency exchanges. During the last week, Arcblock has traded down 4% against the dollar. Arcblock has a market capitalization of $152.28 million and approximately $615,710.37 worth of Arcblock was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 1.2% 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 up 0.7% against the dollar and now trades at $67,691.12 or 0.99918622 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1% higher against the dollar and now trades at $67,649.67 or 0.99857442 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Arcblock Profile

Arcblock’s launch date was January 6th, 2018. Arcblock’s total supply is 186,000,000 tokens and its circulating supply is 98,554,305 tokens. Arcblock’s official website is www.arcblock.io. 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.

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.”

Arcblock Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Arcblock directly using U.S. dollars. Investors seeking to trade Arcblock should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Arcblock using one of the exchanges listed above.

ABT/USD price chart by TradingView