Live Arcblock (ABT) Price Overview
The current live price of Arcblock (ABT) is $0.698 USD, equivalent to 0.000006631 BTC. Over the last 24 hours, the price has experienced a slight increase of +0.27%.
Trading volume for the same period stands at $531,999 USD, indicating the level of market activity for ABT.
Key Market Metrics
- Market Capitalization: $68.79 Million USD
- 24H Trading Volume: $531,999 USD
- Circulating Supply: 98.55 Million ABT
- Total Supply: 186 Million ABT
These metrics provide a snapshot of Arcblock's current standing and liquidity in the broader cryptocurrency market.
What is Arcblock (ABT)?
ArcBlock positions itself as a comprehensive Blockchain 3.0 platform. Its primary goal is to simplify the creation, deployment, and management of decentralized applications (dApps). The platform is designed to overcome common hurdles developers face when building on the blockchain, such as scalability and interoperability.
The native ABT token, an ERC-20 token, serves as the central medium of exchange within the Arcblock ecosystem. It is used for various purposes, including paying for services, accessing platform features, and rewarding participants.
Core Technology and Vision
ArcBlock aims to build a more open and connected ecosystem for dApps. Its architecture is designed to support multiple blockchain protocols, allowing developers to build applications that are not locked into a single chain. This approach fosters greater flexibility and innovation in the decentralized space. For those looking to understand the practical use of such tokens, it's beneficial to explore more strategies for engaging with digital assets.
Historical Price Data and Performance
Tracking price performance is crucial for understanding market sentiment. Key metrics include:
- 24-Hour High/Low: The highest and lowest price at which ABT traded in the last day.
- 7-Day High/Low: The trading range over the past week.
- All-Time High/Low: The highest and lowest prices since the token's inception.
Monitoring these statistics helps investors gauge volatility and identify potential trends.
How to Convert Arcblock (ABT) Price
To find the value of Arcblock (ABT) in your preferred fiat currency (such as EUR, GBP, or JPY), you can use any major cryptocurrency converter tool. These tools provide real-time conversion rates, allowing you to track the value of your holdings accurately.
Staying Informed with Live Charts
Live price charts are indispensable tools for any investor. They visualize price movements over different timeframes—such as 24 hours, one week, one month, or a year—helping to identify patterns and make more informed decisions.
Frequently Asked Questions
What is Arcblock (ABT) used for?
Arcblock is a platform for building and deploying decentralized applications. The ABT token is used within its ecosystem to pay for services, access features, and facilitate transactions, powering the entire network.
How can I buy Arcblock (ABT)?
ABT can be purchased on several major cryptocurrency exchanges. You typically need to create an account on a supported exchange, deposit funds, and then place an order to buy ABT at the current market price or a specified limit.
What factors influence the price of ABT?
The price is influenced by general cryptocurrency market trends, project development updates, overall adoption of the Arcblock platform, trading volume, and broader macroeconomic factors that affect digital assets.
Where is the best place to store my ABT tokens securely?
While exchanges offer convenience for trading, a more secure option is to transfer your ABT to a private cryptocurrency wallet where you control the private keys. This can be a software wallet or a hardware wallet for maximum security. To ensure you're using the best tools, it's wise to view real-time tools for asset management.
What is the difference between circulating supply and total supply?
Circulating supply refers to the number of tokens currently publicly available and trading on the market. Total supply is the total number of tokens that exist, including those that are locked, reserved, or not yet released into circulation.
Is Arcblock a good investment?
As with any cryptocurrency, investing in Arcblock carries inherent risks and requires thorough personal research. Its value is tied to the success and adoption of its platform. It is essential to study the project's goals, technology, and team before making any investment decision.