Arcblock Reaches Market Capitalization of $351.25 Million (ABT)

Arcblock (ABT) traded up 0.4% against the US dollar during the 1 day period ending at 10:00 AM ET on May 4th. Arcblock has a total market capitalization of $351.25 million and approximately $24.56 million worth of Arcblock was traded on exchanges in the last day. One Arcblock token can now be purchased for about $3.56 or 0.00005586 BTC on major exchanges. Over the last seven days, Arcblock has traded up 62% against the US dollar.

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

• KILT Protocol (KILT) traded down 2.3% against the dollar and now trades at $0.30 or 0.00000466 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.4% against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Arcblock Token Profile

Arcblock’s genesis 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 Twitter account is @arcblock_io and its Facebook page is accessible here. The official website for Arcblock is www.arcblock.io. 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.”

Buying and Selling Arcblock

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

ABT/USD price chart by TradingView