Ark

Last modified on 11. October 2020

Quick Facts

Ark is a relatively large cryptocurrency. With a market capitalization of nearly US$ 35.7 million at the beginning of October 2020, it had captured about 0.01 percent of the market for digital currencies.^1|2 It also has the ticker symbol ARK, so the same but in capital letters.

Ark was launched by the user techbytes at bitcointalk.org on 15 October 2016. The gathering of real-time trading data by coinmarketcap.com then started in April 2017.

http://ark.io

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Ark had an average trading volume of over US$ 2.6 m per day for the first trimester of 2019. This figure came to over US$ 7.9 m during the same time frame in the previous year. The corresponding drop down in trading volume equated to 66.5 percent.

For the first trimester of 2019, the average market capitalization equated to nearly US$ 56 m. This figure came to nearly US$ 480 m during the same time frame in the previous year. The corresponding downward retracement of market capitalization equated to 88.4 percent.

Trading Price

In the first trimester of 2019, the average trading price was over US$ 0.54. This figure came to just above US$ 5.21 during the same period of 2018. The price dropped accordingly by 89.6 percent.

The all-time high of Ark in 2018

The price of the Ark currency climbed to a peak in January 2018 at just above US$ 10.9. At this trading price, the coin reached a market capitalization of over US$ 923 million. This put Ark around certain other digital currencies, such as DigiByte, 0x, Dent, Augur and HyperCash, among others.

Arks all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 245 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 109 billion.

• Ark (ARK): 0.923 bn US dollars
• Bitcoin (BTC): 245 bn US dollars
• Apple (AAPL): 887 bn US dollars
• VW (VWAGY): 109 bn US dollars
• Date: 9 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Ark stood at over US$ 0.58 with a market capitalization of over US$ 62 million. A drop down to approximately 5.3 percent compared with the highest trading price described above.

Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.

More Details

The Ark-Coin is not generated through mining. It has no maximum number of coins, unlike Bitcoin, for example. Those interested in the source code should also take a look at the GitHub page.

This block explorer can be used to track the current block height and other recently updated metrics around all Ark transactions.

Additional information about Ark, including the white paper and other links to source code, community forums and social media accounts can be found on http://ark.io.

Markets

EUR

One trading platform for buying or selling Ark in EUR is Bitvavo.

USD

There are a number of platforms where you can buy or sell Ark, including ProBit Exchange, OKEx and BiONE, among others.

BTC

A large market for buying or selling Ark in BTC is Binance. Additional trading platforms for buying or selling Ark in BTC are Bilaxy, VCC Exchange and Bittrex, among others.

Social Links

Visit the following social media channel to speak directly to the Ark team:

• Telegram (@arkannouncements)

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^{1. Or 0.0241 percent, if omitting Bitcoin.}

^{2. Read about our sources}