ArcBlock
(ABT)$ 1.2
15.091 % (24H)ArcBlock Data
Price Range (24H)
Lowest
$ 1.041
Highest
$ 1.52
ATH
$ 4.73
Price Change (24h)
15.091 %
Price Change (7d)
0 %
Market Cap
$ 224,688,000
24h Volume
$ 3,229,880
Circulating Supply
98,580,000
Max Supply
-1
ArcBlock Overview
The ArcBlock Token (ABT) is a general-purpose token native to the ArcBlock platform. The platform has its own optimized blockchain to achieve high-performance transactions, with a goal of >100,000 Tx/s. The ABT is primarily used to pay for the cost of using the ArcBlock system, similar to a utility token. Developers can pay transaction fees for their end-users, which improves the user experience. The ABT maps to ERC20 tokens 1:1, which simplifies token exchanges and allows developers to tie into the Ethereum community. However, the ABT may become obsolete as the platform matures and the community grows.