Ardor Hits Market Cap of $96.74 Million (ARDR)

Ardor (ARDR) traded 8% lower against the dollar during the 24 hour period ending at 10:00 AM Eastern on January 13th. One Ardor coin can currently be purchased for approximately $0.0969 or 0.00000105 BTC on exchanges. In the last week, Ardor has traded down 5.4% against the dollar. Ardor has a total market capitalization of $96.74 million and $16.90 million worth of Ardor was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 7.5% against the dollar and now trades at $34.52 or 0.00037358 BTC.
• Hedera (HBAR) traded 3.2% lower against the dollar and now trades at $0.27 or 0.00000295 BTC.
• NEAR Protocol (NEAR) traded down 8.1% against the dollar and now trades at $4.65 or 0.00005028 BTC.
• Internet Computer (ICP) traded 6.7% lower against the dollar and now trades at $9.79 or 0.00010600 BTC.
• Cronos (CRO) traded down 6.9% against the dollar and now trades at $0.13 or 0.00000140 BTC.
• Fetch.ai (FET) traded down 8% against the dollar and now trades at $1.21 or 0.00001311 BTC.
• Algorand (ALGO) traded 7.2% lower against the dollar and now trades at $0.34 or 0.00000372 BTC.
• Cosmos (ATOM) traded 5.1% lower against the dollar and now trades at $6.20 or 0.00006710 BTC.
• Akash Network (AKT) traded 9.5% lower against the dollar and now trades at $2.82 or 0.00003055 BTC.
• Kava (KAVA) traded 8.5% lower against the dollar and now trades at $0.45 or 0.00000482 BTC.

About Ardor

Ardor uses the hashing algorithm. Its launch date was September 24th, 2017. Ardor’s total supply is 998,466,231 coins. The Reddit community for Ardor is https://reddit.com/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. Ardor’s official message board is ardorforum.org. Ardor’s official website 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 currently possible to buy alternative cryptocurrencies such as Ardor directly using U.S. dollars. Investors seeking to trade Ardor should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ardor using one of the aforementioned exchanges.

ARDR/USD price chart by TradingView