Ark Price Reaches $0.55 on Exchanges (ARK)

Ark (ARK) traded 11.7% higher against the U.S. dollar during the twenty-four hour period ending at 15:00 PM E.T. on October 15th. Ark has a total market capitalization of $101.62 million and approximately $77.18 million worth of Ark was traded on exchanges in the last day. Over the last week, Ark has traded 18.8% higher against the U.S. dollar. One Ark coin can currently be purchased for about $0.55 or 0.00000822 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• TRON (TRX) traded down 1% against the dollar and now trades at $0.16 or 0.00000236 BTC.
• EOS (EOS) traded 0.1% higher against the dollar and now trades at $0.49 or 0.00000730 BTC.
• BitTorrent-New (BTT) traded down 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Tezos (XTZ) traded down 1% against the dollar and now trades at $0.70 or 0.00001045 BTC.
• Terra Classic (LUNC) traded down 1.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• aelf (ELF) traded 1.8% lower against the dollar and now trades at $0.38 or 0.00000567 BTC.
• Terra (LUNA) traded 0.8% lower against the dollar and now trades at $0.37 or 0.00000554 BTC.
• Lisk (LSK) traded 0.7% lower against the dollar and now trades at $0.85 or 0.00001271 BTC.
• USDX [Kava] (USDX) traded down 5.2% against the dollar and now trades at $0.63 or 0.00000944 BTC.

Ark Coin Profile

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 184,102,866 coins and its circulating supply is 184,102,888 coins. Ark’s official website is ark.io. The Reddit community for Ark is https://reddit.com/r/arkecosystem and the currency’s Github account can be viewed here. Ark’s official Twitter account is @arkecosystem and its Facebook page is accessible here. Ark’s official message board is arkscic.com/blog.

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 possible to buy alternative cryptocurrencies such as Ark directly using U.S. dollars. Investors seeking to trade 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