Ark (ARK) Trading Up 41.4% This Week

Ark (ARK) traded 12% higher against the dollar during the 1 day period ending at 15:00 PM E.T. on October 16th. One Ark coin can now be bought for approximately $0.61 or 0.00000901 BTC on major cryptocurrency exchanges. Ark has a total market capitalization of $112.47 million and $240.42 million worth of Ark was traded on exchanges in the last 24 hours. During the last seven days, Ark has traded 41.4% higher against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• TRON (TRX) traded up 1% against the dollar and now trades at $0.16 or 0.00000236 BTC.
• EOS (EOS) traded up 0.7% against the dollar and now trades at $0.49 or 0.00000721 BTC.
• BitTorrent-New (BTT) traded up 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 0.9% against the dollar and now trades at $0.69 or 0.00001018 BTC.
• Terra Classic (LUNC) traded 1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded up 1.2% against the dollar and now trades at $0.38 or 0.00000565 BTC.
• Terra (LUNA) traded 0.4% lower against the dollar and now trades at $0.37 or 0.00000540 BTC.
• Lisk (LSK) traded 2% lower against the dollar and now trades at $0.83 or 0.00001220 BTC.
• USDX [Kava] (USDX) traded 2.3% lower against the dollar and now trades at $0.66 or 0.00000980 BTC.

Ark Coin Profile

Ark (ARK) is a distributed proof-of-stake (dPOS) coin that uses the DPoS hashing algorithm. It launched on June 8th, 2016. Ark’s total supply is 184,125,338 coins and its circulating supply is 184,125,366 coins. Ark’s official Twitter account is @arkecosystem and its Facebook page is accessible here. Ark’s official message board is arkscic.com/blog. The official website for Ark is ark.io. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed 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.”

Ark Coin Trading

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

ARK/USD price chart by TradingView