Ardor Price Down 46.4% This Week (ARDR)

Ardor (ARDR) traded 10.5% lower against the U.S. dollar during the 1-day period ending at 16:00 PM Eastern on May 12th. During the last week, Ardor has traded down 46.4% against the U.S. dollar. One Ardor coin can currently be purchased for about $0.0918 or 0.00000322 BTC on major exchanges. Ardor has a total market cap of $91.69 million and $5.81 million worth of Ardor was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

  • Avalanche (AVAX) traded 3.1% lower against the dollar and now trades at $29.72 or 0.00104205 BTC.
  • Cronos (CRO) traded 11% lower against the dollar and now trades at $0.17 or 0.00000613 BTC.
  • NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $6.45 or 0.00022614 BTC.
  • Algorand (ALGO) traded down 8.4% against the dollar and now trades at $0.41 or 0.00001423 BTC.
  • Hedera (HBAR) traded 2% lower against the dollar and now trades at $0.0888 or 0.00000311 BTC.
  • Elrond (EGLD) traded 7.9% lower against the dollar and now trades at $78.38 or 0.00274806 BTC.
  • Helium (HNT) traded 11.1% higher against the dollar and now trades at $9.41 or 0.00032978 BTC.
  • Kava.io (KAVA) traded flat against the dollar and now trades at $5.62 or 0.00012724 BTC.
  • Theta Fuel (TFUEL) traded down 11.9% against the dollar and now trades at $0.0618 or 0.00000217 BTC.
  • Kava (KAVA) traded down 12% against the dollar and now trades at $1.65 or 0.00005784 BTC.

Ardor Profile

Ardor (CRYPTO:ARDR) uses the hashing algorithm. It launched on January 1st, 2018. Ardor’s total supply is 998,999,495 coins. The Reddit community for Ardor is /r/ardor and the currency’s Github account can be viewed here. Ardor’s official Twitter account is @ArdorPlatform and its Facebook page is accessible here. The official message board for Ardor is nxtforum.org. The official website for Ardor is www.jelurida.com/ardor.

According to CryptoCompare, “Ardor is a multichain blockchain platform with a unique parent-child chain architecture. The security of the whole network is provided by the parent Ardor chain while the interoperable child chains have all the rich functionality. This elegant design and access to hybrid user permissioning capabilities are the key to the flexibility necessary for a variety of use cases and opens the door towards mainstream adoption of blockchain technology. Not only that – Ardor is created with scalability in mind and solves many existing industry problems such as blockchain bloat, single token dependency, and the need for easily customizable-yet-compatible blockchain solutions. Where did Ardor come from? Ardor is being developed by Jelurida Swiss SA, founded in 2016. The company started upgrading Nxt blockchain system and created Ardor to provide a platform for facilitated and accelerated transactions. The platform obtained a good reputation among users, analysts, investors, and experts. Ardor’s mission is to form a universal, user-friendly, and easy crypto platform facilitating different concepts implementation. Jelurida worked on creating ways to allow each third-party developer to make his own projects. The platform’s authors presented a smart contract technology that is completely different from Ethereum although some parallels are made between them. What are the advantages of Ardor? All child chains have their own native tokens, used as a unit of value and forpaying transaction fees, and a variety of ready to use features;Scalability is achieved by pruning of the unnecessary child chain data once theyare included in the permissionless Ardor parent chain, preventing the "bloat" ofthe network;All child chains are connected and share the same source code, ensuringecosystem interoperability that allows child chain token trading to one another ina fully decentralized way and transactions on one child chain to access data orentities on another.”

Ardor Coin Trading

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

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