Ark (ARK) Trading Down 8.9% This Week

Ark (ARK) traded up 2.2% against the dollar during the 1-day period ending at 18:00 PM E.T. on October 29th. One Ark coin can currently be purchased for $0.53 or 0.00000725 BTC on major exchanges. During the last week, Ark has traded down 8.9% against the dollar. Ark has a market cap of $97.27 million and approximately $24.73 million worth of Ark was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded 1.3% higher against the dollar and now trades at $0.17 or 0.00000228 BTC.
• BitTorrent-New (BTT) traded up 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• EOS (EOS) traded 2.8% higher against the dollar and now trades at $0.47 or 0.00000644 BTC.
• Tezos (XTZ) traded up 4.3% against the dollar and now trades at $0.68 or 0.00000930 BTC.
• Terra Classic (LUNC) traded 1.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.5% higher against the dollar and now trades at $0.36 or 0.00000497 BTC.
• Terra (LUNA) traded up 2.7% against the dollar and now trades at $0.35 or 0.00000482 BTC.
• Lisk (LSK) traded 2.9% higher against the dollar and now trades at $0.81 or 0.00001117 BTC.
• USDX [Kava] (USDX) traded 0.2% lower against the dollar and now trades at $0.56 or 0.00000773 BTC.

About Ark

Ark is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. Its launch date was June 8th, 2016. Ark’s total supply is 184,408,862 coins and its circulating supply is 184,408,444 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. Ark’s official message board 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 U.S. dollars. Investors seeking to trade Ark should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ark using one of the aforementioned exchanges.

ARK/USD price chart by TradingView