Arcblock (ABT) Hits Market Cap of $257.50 Million

Arcblock (ABT) traded 10.5% lower against the dollar during the 1 day period ending at 12:00 PM E.T. on June 18th. One Arcblock token can now be purchased for about $2.61 or 0.00004045 BTC on exchanges. Over the last week, Arcblock has traded down 15% against the dollar. Arcblock has a total market cap of $257.50 million and approximately $5.25 million worth of Arcblock was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded down 4.7% against the dollar and now trades at $0.21 or 0.00000325 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 2.2% lower 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.
  • 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 1.8% lower against the dollar and now trades at $0.0102 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Arcblock

Arcblock launched on January 6th, 2018. Arcblock’s total supply is 186,000,000 tokens and its circulating supply is 98,554,305 tokens. The official website for Arcblock 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 currently possible to purchase alternative cryptocurrencies such as Arcblock directly using U.S. dollars. Investors seeking to trade Arcblock should first purchase 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 purchase Arcblock using one of the aforementioned exchanges.

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